$JCT 5-minute sharp surge of 3.59%, trading at 0.003661, with a 24h range of 0.002707 ~ 0.00637.
Price and volume need to move in tandem to be convincing; an unusual move in a single candlestick doesn’t tell us much.
After a rally, leveraged long positions often pile in too. If the funding rate gets too high, watch out for longs getting flushed out.
#JCT
Price and volume need to move in tandem to be convincing; an unusual move in a single candlestick doesn’t tell us much.
After a rally, leveraged long positions often pile in too. If the funding rate gets too high, watch out for longs getting flushed out.
#JCT
