🐋 For those keeping an eye on capital flows, $HYPE ’s 4-hour MACD golden cross below the zero line is worth viewing alongside two other indicators:
· Futures open interest: If open interest rises after the golden cross, it likely means new long positions are entering; if it falls, the rally is more likely driven by short covering.
· Funding rate: A rapid rise in the rate suggests longs may be overheating, so watch out for a reversal.
Where do you think the key dividing line is?
Just my personal observation—not investment advice.
· Futures open interest: If open interest rises after the golden cross, it likely means new long positions are entering; if it falls, the rally is more likely driven by short covering.
· Funding rate: A rapid rise in the rate suggests longs may be overheating, so watch out for a reversal.
Where do you think the key dividing line is?
Just my personal observation—not investment advice.