How is the market voting?
PRL surged past 1.9 USDT to hit a new all-time high, up more than 60% in the past 7 days.
Futures open interest and spot buying should be viewed separately: rallies driven by spot buying tend to be more stable. This could help sentiment recover in the short term, but the direction still depends on how price and volume move together. Do you agree? Feel free to share a different view in the comments.
$PRL .
PRL surged past 1.9 USDT to hit a new all-time high, up more than 60% in the past 7 days.
Futures open interest and spot buying should be viewed separately: rallies driven by spot buying tend to be more stable. This could help sentiment recover in the short term, but the direction still depends on how price and volume move together. Do you agree? Feel free to share a different view in the comments.
$PRL .