$WLD 15 minutes of active buying and selling is 1.473; in one hour it’s only 1.056. The price has already surged to 0.563—24h high 0.5709 is right above your head. People chasing are sweeping, but the sweeping isn’t that aggressive anymore!
In the past hour, it’s up 5.35%. Trading volume is 2.59 times the 24h hourly average. Open-position value increased 3.24% to 120 million. New positions are indeed coming in. Funding rate is +0.01%, and longs are not crowded yet.
Holding above 0.5344 from one hour ago supports the interpretation driven by position-adding. If it falls back below that level, it’s a high-and-switch (turnover) move.
#WLD
In the past hour, it’s up 5.35%. Trading volume is 2.59 times the 24h hourly average. Open-position value increased 3.24% to 120 million. New positions are indeed coming in. Funding rate is +0.01%, and longs are not crowded yet.
Holding above 0.5344 from one hour ago supports the interpretation driven by position-adding. If it falls back below that level, it’s a high-and-switch (turnover) move.
#WLD
