For those watching capital flows, you can compare this 4-hour MACD golden cross below the zero line, $SUI , with two things:
Contract open interest: If open interest rises after the golden cross, it may mean new long positions are entering; if it falls, the rise is more likely driven by short covering.
Funding rate: If it suddenly turns positive, it means longs are crowded, so watch out for a reversal.
Bullish or bearish?
#SUI
I’m just sharing my opinion; this is not investment advice.
Contract open interest: If open interest rises after the golden cross, it may mean new long positions are entering; if it falls, the rise is more likely driven by short covering.
Funding rate: If it suddenly turns positive, it means longs are crowded, so watch out for a reversal.
Bullish or bearish?
#SUI
I’m just sharing my opinion; this is not investment advice.