⚠️ Caution｜The names on the new “pre-surge” watchlist have changed: $AIN is on the list, while $ON has dropped off.
What I’m seeing: 11.08 million U in holdings, 75.87 million U in 24-hour trading volume, +125% over 30 days, but -63% over 7 days and -9% in 24 hours. The funding rate is nearly flat at 0.005%.
My concern: It’s already up 125% over 30 days, which conflicts with our “stay away if it’s risen too much” rule. A 63% drop over 7 days looks more like a pullback after distribution than quiet accumulation by major players. I’d rather miss out on this one.
#Alpha
What I’m seeing: 11.08 million U in holdings, 75.87 million U in 24-hour trading volume, +125% over 30 days, but -63% over 7 days and -9% in 24 hours. The funding rate is nearly flat at 0.005%.
My concern: It’s already up 125% over 30 days, which conflicts with our “stay away if it’s risen too much” rule. A 63% drop over 7 days looks more like a pullback after distribution than quiet accumulation by major players. I’d rather miss out on this one.
#Alpha