$S Funding Rate -0.0108%, current price 0.04174 has already reached the 24h high 0.04187—shorts still have to pay longs, while the price keeps being pushed upward!
Over the past 1 hour, the trading amount is up to 2.12x the average; open position amount increased 4.64% to 4.992 million. Active buy/sell ratio is 1.282, and over 15 minutes it’s 1.404. New positions and buy orders are both moving in. Crowded shorts + adding positions driving the rise—squeezing costs are accumulating.
As long as we don’t give back the level at 0.04092 from 1 hour ago, this interpretation holds; a break below the 24h low of 0.03729 would invalidate it.
#S
Over the past 1 hour, the trading amount is up to 2.12x the average; open position amount increased 4.64% to 4.992 million. Active buy/sell ratio is 1.282, and over 15 minutes it’s 1.404. New positions and buy orders are both moving in. Crowded shorts + adding positions driving the rise—squeezing costs are accumulating.
As long as we don’t give back the level at 0.04092 from 1 hour ago, this interpretation holds; a break below the 24h low of 0.03729 would invalidate it.
#S
