Don’t rush to guess the bottom on this CAP move—I’m waiting for one repair signal to appear first.
Binance USDT-margined perpetuals | CAP is down 8.14% over the past 24 hours, and weakness persists. For signs of a recovery, first watch whether selling pressure eases. Current price is around 0.09891, with 24-hour trading volume of about 27.3625 million; absolute trading volume doesn’t necessarily mean relative volume is rising. Fund flows: long/short account ratio 0.87 (account positioning is close to balanced); taker buy/sell ratio 0.74 (aggressive sellers are dominant); funding rate +0.0283%.
Reference indicators: the 30m ATR trend band level is 0.10466. The current price has fallen below this level, indicating that the trend support level is coming under pressure. The 30m KDJ is 60.63/59.77/62.36, indicating that short-term sentiment remains in the middle zone.
Which would you wait for first: the taker buy/sell ratio of 0.74 returning above 1, or the current price reclaiming the ATR trend band level of 0.10466?
#CAP #UnusualMoveAlert
Binance USDT-margined perpetuals | CAP is down 8.14% over the past 24 hours, and weakness persists. For signs of a recovery, first watch whether selling pressure eases. Current price is around 0.09891, with 24-hour trading volume of about 27.3625 million; absolute trading volume doesn’t necessarily mean relative volume is rising. Fund flows: long/short account ratio 0.87 (account positioning is close to balanced); taker buy/sell ratio 0.74 (aggressive sellers are dominant); funding rate +0.0283%.
Reference indicators: the 30m ATR trend band level is 0.10466. The current price has fallen below this level, indicating that the trend support level is coming under pressure. The 30m KDJ is 60.63/59.77/62.36, indicating that short-term sentiment remains in the middle zone.
Which would you wait for first: the taker buy/sell ratio of 0.74 returning above 1, or the current price reclaiming the ATR trend band level of 0.10466?
#CAP #UnusualMoveAlert