In the 30D monthly recap, $MOVR shows an overall structure that is relatively strong. The current price is at a relatively high position within the observation range. The cycle path, in sequence, is sideways consolidation, a mild pullback, and then a clear expansion. In terms of rhythm, it first converges and then amplifies, making it a rather clear segment of structure change within this cycle.

Regarding price: the current quote is 2.3941. The cycle’s lowest touch is 0.7023 and the highest is 2.455. The position in the range is 96.5%, and the cycle price change is +195.82%. From the position perspective, the price did not linger near the bottom of the range; instead, it stayed in the upper area, consistent with the assessment that the overall trend is strong.

Changes on the positioning side are even more direct. The current position value is 21.32M, with a cycle position change of +515.82%, indicating a clear expansion in positions. On the trading side, the recent trading volume is 942.75M, which is +1751.13% compared with the previous observation window, showing a clear amplification in activity in sync with positions. Positions and trading both moving higher is the most worth recording pair of changes in this cycle.

The current funding rate is 0.005%, which is in a slightly positive state. Here it is provided only as a status description and does not extend into a directional judgment.

The first PerpPulse record within the cycle appears at 2026-09-30 04:00 UTC, when the stage was L1_WATCH and the recorded price was 1.268. After that, the objectively highest price change is +93.61%. This record is only kept as an objective trace for this cycle and does not constitute any prediction or commitment to results.

Going forward, continue monitoring whether positions keep expanding, whether trading can maintain the current level, and whether the funding rate remains in the slightly positive range. The directions of change in these data will determine how the structure description should be updated in the next phase.

Full anomaly data: perppulse.xyz