Short positions are still crowded: the account long/short ratio for $ZEC is just 0.66, while the current price is already 1,300.27. It’s up 5.41% over 24 hours, but has pulled back 0.69% in the past hour. I see this as a pause after a run-up, not a trend reversal. The 24-hour range is 1,227.07 to 1,349.3, with a 10.0% amplitude and spot trading volume of $145 million. The 7-day high is 1,385 and the low is 1,112.77. The current price is roughly 69% of the way through that range—close to the daily high, but still some distance from the weekly high.
The perpetual funding rate is 0.0007%, settled every eight hours, so longs are paying almost no premium. Open interest is around 468,134 coins, worth $609 million. The large-trader long/short ratio is 1.53, the opposite of the crowded shorts among accounts. Visible liquidations over 24 hours total only about $210,000, so the squeeze hasn’t really materialized yet. For now, I’m watching only to see whether price retests 1,349.3 and whether these shorts push the funding rate higher.
#合约数据 #多空结构
The perpetual funding rate is 0.0007%, settled every eight hours, so longs are paying almost no premium. Open interest is around 468,134 coins, worth $609 million. The large-trader long/short ratio is 1.53, the opposite of the crowded shorts among accounts. Visible liquidations over 24 hours total only about $210,000, so the squeeze hasn’t really materialized yet. For now, I’m watching only to see whether price retests 1,349.3 and whether these shorts push the funding rate higher.
#合约数据 #多空结构