The price rose 3.75% over $AXTI 1 hours, yet positions were reduced by 1.81%—shorts are running back themselves, while buy orders are still pushing prices up!
Current price: 82.18. 1 hour ago: 79.21. 24h high: 82.38, low: 75.59, 24h trading value: 28.9679 million. The trading value in the last 1 hour is 5.7 times the 24h hourly average—volume expansion. The aggressive buy/sell ratio is 1.213; over the past 15 minutes it climbed to 1.381, with buyers increasing their order-taking. Position value is 6.4779 million; over the last hour positions fell by 1.81% while price moved upward—positions were pulled away as shorts closed out and exited. Funding rate: 0.0035%—longs are still paying slightly.
This de-risking-driven surge relies on short covering rather than new longs opening; the buyer order-taking is fierce. After breaking above the 24h high at 82.38, this move can still continue—once it falls below 79.21 (the level from 1 hour ago), it’s over.
#AXTI order book
Current price: 82.18. 1 hour ago: 79.21. 24h high: 82.38, low: 75.59, 24h trading value: 28.9679 million. The trading value in the last 1 hour is 5.7 times the 24h hourly average—volume expansion. The aggressive buy/sell ratio is 1.213; over the past 15 minutes it climbed to 1.381, with buyers increasing their order-taking. Position value is 6.4779 million; over the last hour positions fell by 1.81% while price moved upward—positions were pulled away as shorts closed out and exited. Funding rate: 0.0035%—longs are still paying slightly.
This de-risking-driven surge relies on short covering rather than new longs opening; the buyer order-taking is fierce. After breaking above the 24h high at 82.38, this move can still continue—once it falls below 79.21 (the level from 1 hour ago), it’s over.
#AXTI order book
