One intraday move worth watching: $Q 1 surged 3.16% in an hour. The current price is 0.126, up 14.54% over 24 hours.
After a rally, leveraged long positions usually pile in too. If the funding rate gets overheated, watch out for longs getting shaken out.
Intraday volatility is nothing new, but if you lose all your principal, it’s really gone.