$GTC almost all of this round’s movement was packed into the same 4H candle: +45.7% in 24 hours, with the most recent four hours contributing +32.5%, pushing from 0.12467 all the way to a high of 0.16812. The current price is 0.1648 USDT, about 2% below that 4H high. 24H trading volume is about 7.8 million USDT.
What’s even more worth noting is the cost side: the funding rate is stuck at -1.1413%, meaning the funding cost borne by shorts is at an extreme level. Price has moved more than 30% over four hours, while the cost side is still pinned deep in negative territory; this advance and the funding-cost direction are not aligned.
Two verifiable points to watch next: reclaiming and holding above 0.16812 would make a further continuation plausible; dropping back below the 1-hour low at 0.158 would shift this sharp rally from consolidation into retracement. The next funding-rate settlement is at 08:00 Taipei time: if the reading converges toward the zero axis from the -1.14% side, the cost side can be said to be cooling down; if it stays at this level, the divergence is still widening.
The downside scenario should also be kept in mind: the high-low range of this 4H candle is about 35%, so after such a sharp rally, volatility is naturally large, and any pullback may just be giving back part of the move; the direction has not truly been decided yet.
#market热点
What’s even more worth noting is the cost side: the funding rate is stuck at -1.1413%, meaning the funding cost borne by shorts is at an extreme level. Price has moved more than 30% over four hours, while the cost side is still pinned deep in negative territory; this advance and the funding-cost direction are not aligned.
Two verifiable points to watch next: reclaiming and holding above 0.16812 would make a further continuation plausible; dropping back below the 1-hour low at 0.158 would shift this sharp rally from consolidation into retracement. The next funding-rate settlement is at 08:00 Taipei time: if the reading converges toward the zero axis from the -1.14% side, the cost side can be said to be cooling down; if it stays at this level, the divergence is still widening.
The downside scenario should also be kept in mind: the high-low range of this 4H candle is about 35%, so after such a sharp rally, volatility is naturally large, and any pullback may just be giving back part of the move; the direction has not truly been decided yet.
#market热点
