Looking only at price can easily miss half the information. $FLUID 1-hour holding +8.29%, price +2%—viewed together:
Holdings increase, price rises: new longs are actively entering.
When holdings keep increasing, pay attention to whether the funding rate is also moving toward extremes. Did you make money in this move, or were you shaken out?
Holdings increase, price rises: new longs are actively entering.
When holdings keep increasing, pay attention to whether the funding rate is also moving toward extremes. Did you make money in this move, or were you shaken out?