$UVXY 1 hours active buy/sell ratio at 1.887. Price moved from 17.58 up to 17.87, staying near the 24h high of 17.96. The trading value was pushed to 3.91x the 24h hourly average—buy orders were eagerly eating the bids, yet the position value decreased by 5.57%!
Selling reduction to drive the rise looks more like short-covering rather than fresh capital piling in; with a fee rate of 0, neither side pays fees. The 15-minute buy/sell ratio fell to 0.861, and the desire to chase the price is fading.
Holding the stronger interpretation around 17.58 one hour ago remains valid; if it drops back to the 24h low at 16.84, the thesis is invalidated.
#UVXY
Selling reduction to drive the rise looks more like short-covering rather than fresh capital piling in; with a fee rate of 0, neither side pays fees. The 15-minute buy/sell ratio fell to 0.861, and the desire to chase the price is fading.
Holding the stronger interpretation around 17.58 one hour ago remains valid; if it drops back to the 24h low at 16.84, the thesis is invalidated.
#UVXY
