Bearish.
These coins’ prices are still rising, but the structure has already loosened—don’t just look at the green percentage gain.
What you’re afraid of isn’t that they won’t rise; it’s that as they keep rising, the follow-through gets thinner. Then watch whether the pullback will confirm.
BERA is currently at 0.2524, up 7.72%, but the buy/sell ratio based on active trading is only 0.74. While open interest increased 24.3% over 24 hours, it fell 1.3% in the past hour.
Even though position inflow is coming in, it’s dominated by active sell orders—the risk of chasing higher is growing, and the coins are getting scattered.
The counter-sign is that the trend indicator is still moving upward. If active buying strengthens again, the weakening of the structure may be temporarily alleviated.
PENDLE is currently at 2.3765, up 2.44%. The trend indicator has already turned downward, and the contract price is discounted to the spot price by 0.1093%.
The funding rate is 0.01%. For 3 consecutive periods, longs have paid, yet prices are still rising while the structure is loosening and the coins are getting scattered.
The counter-sign is that the relative strength indicator at 54.3 is still neutral and has not yet entered a clearly bearish zone.
BLUR is currently at 0.02121, up 8.32%. Open interest over the past 24 hours increased 13.3%, and the proportion of retail long positions is 66%.
The rise is accompanied by a crowded long structure, but the active buy/sell ratio is only 0.99. The coins are scattered; chasing higher longs are easily “tormented” by both a snapback and a pullback at the same time.
The counter-sign is that the trend indicator is still rising; it hasn’t yet confirmed a one-way shift to weakness.
If the follow-through keeps getting thinner, the pullback line is already being drawn; if it puts out volume again and holds above, then this judgment needs to be rechecked.
#合约观察 #盘口风险
Claude Fable 5 assists in content generation; the content is for market information reference only and does not constitute investment advice.
These coins’ prices are still rising, but the structure has already loosened—don’t just look at the green percentage gain.
What you’re afraid of isn’t that they won’t rise; it’s that as they keep rising, the follow-through gets thinner. Then watch whether the pullback will confirm.
BERA is currently at 0.2524, up 7.72%, but the buy/sell ratio based on active trading is only 0.74. While open interest increased 24.3% over 24 hours, it fell 1.3% in the past hour.
Even though position inflow is coming in, it’s dominated by active sell orders—the risk of chasing higher is growing, and the coins are getting scattered.
The counter-sign is that the trend indicator is still moving upward. If active buying strengthens again, the weakening of the structure may be temporarily alleviated.
PENDLE is currently at 2.3765, up 2.44%. The trend indicator has already turned downward, and the contract price is discounted to the spot price by 0.1093%.
The funding rate is 0.01%. For 3 consecutive periods, longs have paid, yet prices are still rising while the structure is loosening and the coins are getting scattered.
The counter-sign is that the relative strength indicator at 54.3 is still neutral and has not yet entered a clearly bearish zone.
BLUR is currently at 0.02121, up 8.32%. Open interest over the past 24 hours increased 13.3%, and the proportion of retail long positions is 66%.
The rise is accompanied by a crowded long structure, but the active buy/sell ratio is only 0.99. The coins are scattered; chasing higher longs are easily “tormented” by both a snapback and a pullback at the same time.
The counter-sign is that the trend indicator is still rising; it hasn’t yet confirmed a one-way shift to weakness.
If the follow-through keeps getting thinner, the pullback line is already being drawn; if it puts out volume again and holds above, then this judgment needs to be rechecked.
#合约观察 #盘口风险
Claude Fable 5 assists in content generation; the content is for market information reference only and does not constitute investment advice.
