Contract market performance diverged sharply over the past 24 hours: $INIT +38.74%, $ONE +32.59%, and $ARIA +25.34% led the gainers, while ON -41.12%, JCT -36.14%, and ZEC -11.97% were the biggest decliners.
Top gainers: $INIT 0.2293 +38.74% / $ONE 0.001879 +32.59% / $ARIA 0.2201 +25.34%
Top decliners: ON 0.0971 -41.12% / JCT 0.005705 -36.14% / ZEC 1020.3 -11.97%
Data insights: $INIT rose nearly 39%, but its funding rate was -0.940%, indicating that shorts were paying significantly and that bulls and bears were sharply divided. Watch for a possible short-term pullback. ZEC fell nearly 12% yet still recorded 2.65 billion USDT in trading volume, reflecting active trading on both sides.
Did you hop aboard any of today's top three gainers? Tell us what you're holding in the comments~
#BTC #MarketSnapshot
Top gainers: $INIT 0.2293 +38.74% / $ONE 0.001879 +32.59% / $ARIA 0.2201 +25.34%
Top decliners: ON 0.0971 -41.12% / JCT 0.005705 -36.14% / ZEC 1020.3 -11.97%
Data insights: $INIT rose nearly 39%, but its funding rate was -0.940%, indicating that shorts were paying significantly and that bulls and bears were sharply divided. Watch for a possible short-term pullback. ZEC fell nearly 12% yet still recorded 2.65 billion USDT in trading volume, reflecting active trading on both sides.
Did you hop aboard any of today's top three gainers? Tell us what you're holding in the comments~
#BTC #MarketSnapshot
