$ANIME 24 The 1-hour chart is up +22.6%. Break it down, and almost all of that move happened in the last four hours: this 4-hour candle gained 23.4%, while the previous twenty hours combined were roughly back where they started.
But the real mismatch is on the cost side: price is rising, while the funding rate is -0.275%, leaning into negative territory.
This 4-hour candle’s low was 0.00275 and its high was 0.00393; the current price is 0.00358 USDT, about 9% below the high. 24-hour trading volume is approximately 6.53 million USDT.
To check whether this surge can continue, there are just two levels to watch: reclaim and hold above this 4-hour high of 0.00393 before talking about another leg up; if it closes below the 4-hour low of 0.00275, the entire move will have been given back. The funding rate’s next settlement is at 08:00 Taipei time. If it is still leaning negative, price and the cost side are still moving independently; only a move back toward zero would signal that the gap is easing.
That said, a market that has moved 22% in a day is naturally volatile. After a sharp surge, an equally swift pullback could happen at any time—the direction has not truly been decided yet.
#MarketHotspot
But the real mismatch is on the cost side: price is rising, while the funding rate is -0.275%, leaning into negative territory.
This 4-hour candle’s low was 0.00275 and its high was 0.00393; the current price is 0.00358 USDT, about 9% below the high. 24-hour trading volume is approximately 6.53 million USDT.
To check whether this surge can continue, there are just two levels to watch: reclaim and hold above this 4-hour high of 0.00393 before talking about another leg up; if it closes below the 4-hour low of 0.00275, the entire move will have been given back. The funding rate’s next settlement is at 08:00 Taipei time. If it is still leaning negative, price and the cost side are still moving independently; only a move back toward zero would signal that the gap is easing.
That said, a market that has moved 22% in a day is naturally volatile. After a sharp surge, an equally swift pullback could happen at any time—the direction has not truly been decided yet.
#MarketHotspot