$GTC is +54% in 24h: 0.161 to a 0.393 spike and back to 0.248, on $29.5M of volume. 🔥
The spike was a single hour yesterday at 10:00 UTC, then it faded in steps. Funding is -0.056% per hour, so shorts pay longs, and accounts are 0.75 long per short. I'd rather watch whether 0.231 holds than chase the first green candle.
The spike was a single hour yesterday at 10:00 UTC, then it faded in steps. Funding is -0.056% per hour, so shorts pay longs, and accounts are 0.75 long per short. I'd rather watch whether 0.231 holds than chase the first green candle.