Data first: $BTC 82586.44 (24h +0.93%)
Market news: Yushu is rising as funding rates quickly turn negative, while the largest long position is still down over $1 million.
The mildly positive developments help the fundamentals, but intraday moves are still tracking sentiment. It’s worth comparing coins in the same sector to see whether this is an isolated move or part of a broader market trend.
Market news: Yushu is rising as funding rates quickly turn negative, while the largest long position is still down over $1 million.
The mildly positive developments help the fundamentals, but intraday moves are still tracking sentiment. It’s worth comparing coins in the same sector to see whether this is an isolated move or part of a broader market trend.