🐋 For those watching the money flow, $AVAX : this 4-hour MACD golden cross (below the zero line) is worth checking alongside two things:
· Open interest: If it rises along with the golden cross, new positions are probably entering; if it falls, the rebound is more likely driven by shorts closing.
· Funding rate: If it suddenly turns positive, longs may be overheated, so watch out for a sharp move in the opposite direction.
Are you following the move or staying on the sidelines?
· Open interest: If it rises along with the golden cross, new positions are probably entering; if it falls, the rebound is more likely driven by shorts closing.
· Funding rate: If it suddenly turns positive, longs may be overheated, so watch out for a sharp move in the opposite direction.
Are you following the move or staying on the sidelines?
