Experienced traders watching C98 don’t just look at the leaderboard; they first check whether buyers step in on a pullback.
Binance USDⓈ-M Perpetuals|C98 is up 18.23% over the past 24 hours, and momentum remains strong. For the next leg up, watch the pullback first. Current price is around 0.01965, with 24h trading volume of approximately 22.7269 million; the 30m volume ratio is 2.4x, indicating rising participation. Fund flows: 70% of accounts are long; the taker buy/sell ratio is 1.05 (aggressive buying and selling are nearly balanced); 30m open interest is up 4.9%; funding rate is +0.0100%.
Reference indicators: The 30m RSI is 72.13, in overbought territory, suggesting that chasing prices may be getting crowded. The 30m ATR trend-band reference is 0.017499; the current price is above it, indicating that the structure still favors trend continuation.
The order book needs to answer two questions: Can the taker buy/sell ratio break away from the equilibrium zone around 1, and can the 30m RSI first fall back below 70? If both hold, this move is worth discussing further; if only one does, treat it as sentiment-driven volatility.
#C98 #Abnormal Movement Alert
Binance USDⓈ-M Perpetuals|C98 is up 18.23% over the past 24 hours, and momentum remains strong. For the next leg up, watch the pullback first. Current price is around 0.01965, with 24h trading volume of approximately 22.7269 million; the 30m volume ratio is 2.4x, indicating rising participation. Fund flows: 70% of accounts are long; the taker buy/sell ratio is 1.05 (aggressive buying and selling are nearly balanced); 30m open interest is up 4.9%; funding rate is +0.0100%.
Reference indicators: The 30m RSI is 72.13, in overbought territory, suggesting that chasing prices may be getting crowded. The 30m ATR trend-band reference is 0.017499; the current price is above it, indicating that the structure still favors trend continuation.
The order book needs to answer two questions: Can the taker buy/sell ratio break away from the equilibrium zone around 1, and can the 30m RSI first fall back below 70? If both hold, this move is worth discussing further; if only one does, treat it as sentiment-driven volatility.
#C98 #Abnormal Movement Alert