📌 Latest data: $CTK ｜15-minute positions +5.22%｜price +2.17%
· Explanation: Position value equals the position size multiplied by the price. When the price rises, the position value increases too; only comparing the quantity of coins can show whether new positions have actually been opened.
· How to read this: A rapid decline in positions often occurs after sharp price swings, indicating that some leveraged positions have been liquidated. Volatility may then cool down.
Comparing several metrics is more reliable than looking at just one, but even multiple signals can’t provide a definitive answer.
#CTK
· Explanation: Position value equals the position size multiplied by the price. When the price rises, the position value increases too; only comparing the quantity of coins can show whether new positions have actually been opened.
· How to read this: A rapid decline in positions often occurs after sharp price swings, indicating that some leveraged positions have been liquidated. Volatility may then cool down.
Comparing several metrics is more reliable than looking at just one, but even multiple signals can’t provide a definitive answer.
#CTK