Everyone, I’ve been watching this daily chart for $H all day.
Down 28.805% in 24 hours, currently at 0.03181, with a low of 0.0313.
Six days ago it was still at 0.05335. Now it’s dropped straight to 0.03181, without a single decent bounce along the way.
It’s at the bottom of the pit.
The 20-day range has an upper boundary of 0.06006 and a lower boundary of 0.0313. The current price is at the 1.77th percentile.
24-hour trading volume is 14.1125 million USDT—not exactly thin.
It’s like that batch of goods in a warehouse: someone keeps marking down the price, but not a single box has moved.
The open interest tells an even clearer story: the positions haven’t gone anywhere; only the strategy has changed.
The number of contracts rose 7.02% in a day, while notional value actually shrank 23.04%.
Long accounts are at 63.81%, and the long-to-short account ratio is 1.7632. All the disagreement is packed into this one figure.
It’s like a crowd downstairs scrambling to catch plates falling from above.
Where’s the support?
My approach is to keep watching and wait for it to reclaim 0.0313.
Honestly, I looked at this level three times before I dared to write anything.
$BTC and $ETH haven’t offered any direction today either, so it can’t even borrow them as points of reference.
What do you all think? Let’s talk in the comments.
$H
#H #比特币 #Cryptocurrency
The above reflects my personal trading-system notes and observations of the data; it does not constitute investment advice.
Down 28.805% in 24 hours, currently at 0.03181, with a low of 0.0313.
Six days ago it was still at 0.05335. Now it’s dropped straight to 0.03181, without a single decent bounce along the way.
It’s at the bottom of the pit.
The 20-day range has an upper boundary of 0.06006 and a lower boundary of 0.0313. The current price is at the 1.77th percentile.
24-hour trading volume is 14.1125 million USDT—not exactly thin.
It’s like that batch of goods in a warehouse: someone keeps marking down the price, but not a single box has moved.
The open interest tells an even clearer story: the positions haven’t gone anywhere; only the strategy has changed.
The number of contracts rose 7.02% in a day, while notional value actually shrank 23.04%.
Long accounts are at 63.81%, and the long-to-short account ratio is 1.7632. All the disagreement is packed into this one figure.
It’s like a crowd downstairs scrambling to catch plates falling from above.
Where’s the support?
My approach is to keep watching and wait for it to reclaim 0.0313.
Honestly, I looked at this level three times before I dared to write anything.
$BTC and $ETH haven’t offered any direction today either, so it can’t even borrow them as points of reference.
What do you all think? Let’s talk in the comments.
$H
#H #比特币 #Cryptocurrency
The above reflects my personal trading-system notes and observations of the data; it does not constitute investment advice.
