$INIT: RSI 6.8 after a 44% crash — sell-off or thin market
The weekly gain of 123.21% was almost erased by the daily drop, and volume confirms neither side. Funding remains negative at −0.0938%, while 15-minute volume is 0.77 of the average: downward pressure is building without an influx of participants.
• $INIT: −44.06% in 24 h · −0.37% in 15 min · funding −0.094%
• $ZEC: −15.56% in 24 h · −0.46% in 15 min · funding +0.005%
• $SNDKB : +12.26% in 24 h · +2.00% in 15 min · funding n/a
Watch next: Will volume return to average as price tries to hold above the daily low?
↩️ Recap of the previous “Funding Radar” issue (11.11 00:02 UTC): INIT 0.274840 → 0.184680 USDT (−32.80% in 12 h), funding −1.704% → −0.438%.
What would need to change in volume for the weekly gain to stop looking like a random spike?
Binance data, snapshot at 15:30 UTC. The author may receive rewards through Binance Square Write to Earn.
The weekly gain of 123.21% was almost erased by the daily drop, and volume confirms neither side. Funding remains negative at −0.0938%, while 15-minute volume is 0.77 of the average: downward pressure is building without an influx of participants.
• $INIT: −44.06% in 24 h · −0.37% in 15 min · funding −0.094%
• $ZEC: −15.56% in 24 h · −0.46% in 15 min · funding +0.005%
• $SNDKB : +12.26% in 24 h · +2.00% in 15 min · funding n/a
Watch next: Will volume return to average as price tries to hold above the daily low?
↩️ Recap of the previous “Funding Radar” issue (11.11 00:02 UTC): INIT 0.274840 → 0.184680 USDT (−32.80% in 12 h), funding −1.704% → −0.438%.
What would need to change in volume for the weekly gain to stop looking like a random spike?
Binance data, snapshot at 15:30 UTC. The author may receive rewards through Binance Square Write to Earn.
