$AAVE 15 minutes of sell orders are 1.43 times the buy orders, yet the price has only moved by 0.01%—the hand that’s trying to smash the market is just spinning its wheels!
Current price 159.38, 1 hour ago 162.33, 24h high 174.03 and low 158.01, 24h down 7.846%, trading volume 297 million. In the last 1 hour, trading volume is 1.58 times the 24h hourly average; the aggressive buy/sell ratio is 0.653; and over 15 minutes it’s 0.7. Open positions amount to 71.26 million, down 4.18% over 1 hour. Funding rate is 0.0055%, and costs on both sides are light.
With increased volume, sell orders leading, but positions still shrinking, it suggests de-leveraging and exiting rather than fresh short-term selling pressure. The downward pressure on the price is running out. Only when price reclaims the level from 1 hour ago at 162.33 can it be considered firmly supported; break below the 24h low of 158.01 means it’s over.
#AAVE order book
Current price 159.38, 1 hour ago 162.33, 24h high 174.03 and low 158.01, 24h down 7.846%, trading volume 297 million. In the last 1 hour, trading volume is 1.58 times the 24h hourly average; the aggressive buy/sell ratio is 0.653; and over 15 minutes it’s 0.7. Open positions amount to 71.26 million, down 4.18% over 1 hour. Funding rate is 0.0055%, and costs on both sides are light.
With increased volume, sell orders leading, but positions still shrinking, it suggests de-leveraging and exiting rather than fresh short-term selling pressure. The downward pressure on the price is running out. Only when price reclaims the level from 1 hour ago at 162.33 can it be considered firmly supported; break below the 24h low of 158.01 means it’s over.
#AAVE order book
