+0.03% funding rate means longs pay shorts a protection fee over the course of a day. $ACT is up +16.34%, climbing to #5 on the gainers’ list. The hype is real, but the positive funding rate means people chasing in are already paying interest. I’m not stepping on the gas here.
First, let’s lay out the positioning: the account long/short ratio is 0.8871, so retail accounts lean short; the large-trader positions ratio is 2.1533, clearly leaning long. The two sides are going head-to-head. OI at 10M is roughly on par with the 10M market cap—almost all the money in this market is tied up in contracts betting against each other. Whoever lets go first gets carried out. My bet is that it’ll be the longs chasing the price up here 😅
Now for the technicals. 4h EMA 5/25/60 = 0.009999/0.009842/0.009236, a textbook bullish alignment. But the current price of 0.010494 is already 5% above EMA5, and RSI7 at 66.3 is a little hot, though not scorching yet. The daily EMA5 at 0.01009 is the average cost line for this move, and the daily RSI at 58.5 isn’t expensive. The trend is intact; the problem is the current price level.
BTC is +0.38%, ALL is -0.17%. This 16-point move in $ACT happened on its own, not by tagging along. I’ll give it that.
I’ll spell out the trade plan here in the main text, so don’t go looking for it elsewhere:
📊 Direction: Wait for a pullback, then go long
💰 Entry reference: Buy on a retest of 0.0101 (around the daily EMA5)
🛑 Stop loss: 0.00975 (below the 4h EMA25; a break invalidates the bullish alignment)
🎯 Take profit 1: 0.0112
🎯 Take profit 2: 0.0120
Chasing at the current price of 0.010494 gives 6.7% upside to 0.0112 versus -7.1% downside to 0.00975. The risk-reward is upside down; I’m not taking that trade. Entering on a pullback to 0.0101 means risking 0.00035 to make 0.0011 at TP1, odds of more than 3 to 1—that’s a trade I’ll take. The plan is to hold, but only if the entry cost is right.
Will 0.0101 hold, or will 0.00975 break first? I’m betting on the former—happy to be proven wrong 😅 Do you think there’s still money to be made at this level?
$ACT #技术分析 #UncleTwelve
First, let’s lay out the positioning: the account long/short ratio is 0.8871, so retail accounts lean short; the large-trader positions ratio is 2.1533, clearly leaning long. The two sides are going head-to-head. OI at 10M is roughly on par with the 10M market cap—almost all the money in this market is tied up in contracts betting against each other. Whoever lets go first gets carried out. My bet is that it’ll be the longs chasing the price up here 😅
Now for the technicals. 4h EMA 5/25/60 = 0.009999/0.009842/0.009236, a textbook bullish alignment. But the current price of 0.010494 is already 5% above EMA5, and RSI7 at 66.3 is a little hot, though not scorching yet. The daily EMA5 at 0.01009 is the average cost line for this move, and the daily RSI at 58.5 isn’t expensive. The trend is intact; the problem is the current price level.
BTC is +0.38%, ALL is -0.17%. This 16-point move in $ACT happened on its own, not by tagging along. I’ll give it that.
I’ll spell out the trade plan here in the main text, so don’t go looking for it elsewhere:
📊 Direction: Wait for a pullback, then go long
💰 Entry reference: Buy on a retest of 0.0101 (around the daily EMA5)
🛑 Stop loss: 0.00975 (below the 4h EMA25; a break invalidates the bullish alignment)
🎯 Take profit 1: 0.0112
🎯 Take profit 2: 0.0120
Chasing at the current price of 0.010494 gives 6.7% upside to 0.0112 versus -7.1% downside to 0.00975. The risk-reward is upside down; I’m not taking that trade. Entering on a pullback to 0.0101 means risking 0.00035 to make 0.0011 at TP1, odds of more than 3 to 1—that’s a trade I’ll take. The plan is to hold, but only if the entry cost is right.
Will 0.0101 hold, or will 0.00975 break first? I’m betting on the former—happy to be proven wrong 😅 Do you think there’s still money to be made at this level?
$ACT #技术分析 #UncleTwelve
