$APE trading volume surged to 8.8x the usual level; the price only moved 0.97% in 1 hour—volume got smashed down hard, but the price couldn’t keep up!
Current price 0.1673, 1 hour ago 0.1657. Up 13.501% in 24h. Highest 0.1733, lowest 0.1447. 24h trading volume: 16.51M, open interest: 6.408M. In the past 1 hour, trading volume is 8.83x the 24h hourly average. The sell orders are 1.08x the buy orders; the aggressive buy/sell ratio is 0.926. In the last 15 minutes, it has returned to 1.034. Open interest increased by 9.09% in the past 1 hour; funding rate is slightly above 0.01%—longs are paying a small fee.
With a breakout volume, sell-side slightly stronger, and open interest still rising, it suggests new positions are absorbing this batch of sell pressure—not that existing long orders are being consumed. As long as it doesn’t break below 0.1657 from 1 hour ago, this repair phase can continue. Falling back to the 24h low of 0.1447 would be the real breakdown.
#APE order book
Current price 0.1673, 1 hour ago 0.1657. Up 13.501% in 24h. Highest 0.1733, lowest 0.1447. 24h trading volume: 16.51M, open interest: 6.408M. In the past 1 hour, trading volume is 8.83x the 24h hourly average. The sell orders are 1.08x the buy orders; the aggressive buy/sell ratio is 0.926. In the last 15 minutes, it has returned to 1.034. Open interest increased by 9.09% in the past 1 hour; funding rate is slightly above 0.01%—longs are paying a small fee.
With a breakout volume, sell-side slightly stronger, and open interest still rising, it suggests new positions are absorbing this batch of sell pressure—not that existing long orders are being consumed. As long as it doesn’t break below 0.1657 from 1 hour ago, this repair phase can continue. Falling back to the 24h low of 0.1447 would be the real breakdown.
#APE order book
