A 15-minute surge of 18.5%, volume up 21x — who is scooping up the shares at $ON ?
$ON 15-minute rise of 18.51%, with volume reaching 20.86 times the benchmark.
Open interest rose 5.32% over the same period, signal trigger price 0.2201 USDT.
At the time of the signal trigger, it was at the 26% position of the nearly 90-day price range; the nearly 30-day amplitude was 148%.
At posting time, market conditions (16:25 Beijing time): current price 0.2153, 2.18% below the signal trigger price of 0.2201; 24-hour gain 35.24%, range 0.1564–0.2378, trading volume about 72.75 million USDT.
Perpetual contract funding rate +0.0606%, next settlement at 20:00. The rate is clearly positive, and the cost of long positions is rising. The current price is at the 72% position of the 24-hour range, in the middle of the range.
Price and positions are rising together, but an increase in positions alone does not distinguish between longs and shorts.
Next to watch: whether volume can continue and whether price can hold on to this round of gains; if volume shrinks and price pulls back, the rally has not been sustained.
#Jensen Huang apologized for an extramarital affair, Nvidia launches independent investigation #AI chip stocks plunge, Nasdaq falls 3.4% on the week #Bitcoin falls for five consecutive weeks
$ON 15-minute rise of 18.51%, with volume reaching 20.86 times the benchmark.
Open interest rose 5.32% over the same period, signal trigger price 0.2201 USDT.
At the time of the signal trigger, it was at the 26% position of the nearly 90-day price range; the nearly 30-day amplitude was 148%.
At posting time, market conditions (16:25 Beijing time): current price 0.2153, 2.18% below the signal trigger price of 0.2201; 24-hour gain 35.24%, range 0.1564–0.2378, trading volume about 72.75 million USDT.
Perpetual contract funding rate +0.0606%, next settlement at 20:00. The rate is clearly positive, and the cost of long positions is rising. The current price is at the 72% position of the 24-hour range, in the middle of the range.
Price and positions are rising together, but an increase in positions alone does not distinguish between longs and shorts.
Next to watch: whether volume can continue and whether price can hold on to this round of gains; if volume shrinks and price pulls back, the rally has not been sustained.
#Jensen Huang apologized for an extramarital affair, Nvidia launches independent investigation #AI chip stocks plunge, Nasdaq falls 3.4% on the week #Bitcoin falls for five consecutive weeks