$AKE Positioning sentiment revealed by perpetual funding rates 📈
▸ Funding rate: +0.0250% (per period)
▸ Mark price: $0.005726; spot price: $0.005749
▸ 24-hour change: +125.89%; volume multiple: 1.7x
The rate is close to neutral, with no clear bias in leveraged sentiment. Price action is more likely being driven by spot flows.
First, let’s see whether it can break out of its current range. If it can’t, the range-bound scenario remains in play.
If you’re watching this coin, share the price levels you’re keeping an eye on. I’ll mark a few of the ones I usually watch.
(As an aside, I’ll use the price action of $BTC as a reference for overall risk appetite.)
This post is for personal observation only and is not investment advice. No results are guaranteed. Crypto assets are extremely volatile, so please assess the risks for yourself.
▸ Funding rate: +0.0250% (per period)
▸ Mark price: $0.005726; spot price: $0.005749
▸ 24-hour change: +125.89%; volume multiple: 1.7x
The rate is close to neutral, with no clear bias in leveraged sentiment. Price action is more likely being driven by spot flows.
First, let’s see whether it can break out of its current range. If it can’t, the range-bound scenario remains in play.
If you’re watching this coin, share the price levels you’re keeping an eye on. I’ll mark a few of the ones I usually watch.
(As an aside, I’ll use the price action of $BTC as a reference for overall risk appetite.)
This post is for personal observation only and is not investment advice. No results are guaranteed. Crypto assets are extremely volatile, so please assess the risks for yourself.
