$CT 24 hours up 15%, but in the last 1 hour it fell 8.61%—the sell-off is ramping up with volume expansion, yet positions are fleeing for their lives!
Current price 0.45665, 1 hour ago 0.49968, 24h high 0.53185, low 0.39696, 24h trading volume 75.64 million. In the past 1 hour, trading volume is 3.22x the 24h average. The aggressive buy/sell ratio is 0.846, with sell orders 1.18x the buy orders. Position value is 3.2028 million. Over the last 1 hour, it decreased by 17.31%. As price moves down, positions withdraw with it—this is long-side exiting, not new shorts entering. Funding rate -0.0031%; shorts are effectively paying to hold.
With volume expanding but reducing positions, grinding lower continues—selling pressure is losing steam; reclaiming 0.49968 from 1 hour ago would be the first sign of recovery. If it breaks below the 24h low of 0.39696, it’s game over.
#CT order book
Current price 0.45665, 1 hour ago 0.49968, 24h high 0.53185, low 0.39696, 24h trading volume 75.64 million. In the past 1 hour, trading volume is 3.22x the 24h average. The aggressive buy/sell ratio is 0.846, with sell orders 1.18x the buy orders. Position value is 3.2028 million. Over the last 1 hour, it decreased by 17.31%. As price moves down, positions withdraw with it—this is long-side exiting, not new shorts entering. Funding rate -0.0031%; shorts are effectively paying to hold.
With volume expanding but reducing positions, grinding lower continues—selling pressure is losing steam; reclaiming 0.49968 from 1 hour ago would be the first sign of recovery. If it breaks below the 24h low of 0.39696, it’s game over.
#CT order book
