$MARSCOIN In the last ~15 minutes, sell orders are 1.5x the buy orders—yet the price is up 0.29% instead? The dumpers’ hands are just spinning!
Current price: 0.12475; 1 hour ago: 0.12302; 24h low: 0.12046; 24h down 8.674%; 24h trading volume: 53.492M; open interest: 22.399M. The trading volume over the last 1 hour is 1.24x the 24h hourly average; the active buy/sell ratio is 0.836; it dropped to 0.667 in the last ~15 minutes—sellers have been constantly taking orders. Open interest increased by 1.86% in the last 1 hour, while the funding rate is -0.0027%: the shorts are actually paying money to the longs.
Volume is up, sell-side is dominant, but open interest is rising—this means new positions are absorbing this wave of selling pressure, not that existing long orders are simply being consumed. As long as price doesn’t break below the 24h low of 0.12046, this repair move can continue. Only when it falls back below 0.12302 from 1 hour ago would it count as being broken.
#MARSCOIN order book
Current price: 0.12475; 1 hour ago: 0.12302; 24h low: 0.12046; 24h down 8.674%; 24h trading volume: 53.492M; open interest: 22.399M. The trading volume over the last 1 hour is 1.24x the 24h hourly average; the active buy/sell ratio is 0.836; it dropped to 0.667 in the last ~15 minutes—sellers have been constantly taking orders. Open interest increased by 1.86% in the last 1 hour, while the funding rate is -0.0027%: the shorts are actually paying money to the longs.
Volume is up, sell-side is dominant, but open interest is rising—this means new positions are absorbing this wave of selling pressure, not that existing long orders are simply being consumed. As long as price doesn’t break below the 24h low of 0.12046, this repair move can continue. Only when it falls back below 0.12302 from 1 hour ago would it count as being broken.
#MARSCOIN order book
