$ZEREBRO has moved above the daily MA200. Anyway, when the market is moving very sharply, indicators can become less responsive, so don’t rely on them alone. What would you do?
I took a look at the funding rate for $SIREN : +0.0913%. Longs are paying shorts. Don’t put everything in at once—enter in batches, so you can adjust if you’re wrong. Plan your stop-loss first.
In the past hour, trading volume for $ZEREBRO hit 4.7 times the average, and its price rose 11.86%. If volume drops back off after this, this move was probably just a brief flurry of activity. What do you think?
Are long positions getting too crowded? I took a look at the funding rate for $SIREN : +0.103%. It’s charged every 4 hours. When the market settles down, this figure often returns to normal. What would you do?
Some activity. Volume for $NIL suddenly picked up, reaching 5.1 times the average over one hour, while the price rose by 1.43%. A sudden surge in volume means a lot of people are buying and selling at once. I’m watching to see whether trading volume keeps up; without volume, I’m not convinced.
Just now, $NIL hit a 24-hour high. If you ask me, there’s another round-number level above, and plenty of people will be selling there too. If you miss it, you miss it—this won’t be the only opportunity.
Just saw: Alpha token 4STOCK is down 16.8% over the past 24 hours. Honestly, this kind of move happens every few days, so I usually don’t rush to act. $4STOCK, down 16.81% in 24 hours. Don’t rush in—wait and see.
Say it straight. The 4.9 level everyone was watching has been broken: $NEAR has fallen below it. I usually wait for the candle to close below it before calling it. A single day's numbers don't mean much; I watch it for a full week before making a judgment. Don't add to your position impulsively.
I took a look at the funding rate for $AXL : -0.052%. From what I’ve seen, the market sometimes gets a bit jumpy as settlement approaches, so keep an eye on things if you have a position open.
I usually use isolated margin, so if one position gets liquidated, it won’t affect the others.
That’s just my personal take—take it for what it’s worth, not financial advice.
$ARC 1 hours, trading volume increased to 11.7 times, and the price rose by 4.62%. In a nutshell, a rise on increased volume and a drop on increased volume mean very different things.
In five minutes, $WAL rose 3.17%. The market is heating up, so stay calm. How should I put it? If you haven’t bought, I wouldn’t rush in at this price.
$SOXLB hit a new 24-hour low. The previous low was 117.19. Anyway, after a price breaks down, when it bounces back it often runs into people looking to break even. If you really want to buy in, start with a small position and add in several batches—don’t go all in at once.
$RENDER broke below its 24-hour low; the previous low was 1.941. When the price later rebounds to the level it broke through, it often runs into selling from people hoping to break even. I’ve learned my lesson about trying to catch the bottom. These past couple of years, I’d rather take things slowly.
There’s a bit of movement on the chart. $LINK A new 24-hour low has been set. Whether the decline can be stopped, we’ll know in a few hours. If you really want to buy in, just buy a small amount and add gradually. Don’t go all in at once.
Another wave of liquidations. In the past 4 hours, Binance Futures saw a total of $12.85 million in liquidations, with longs taking the bigger hit (long positions accounted for 56.7%). The biggest was $BTC , at $3.96 million.
Liquidation cascades often come on fast and end just as quickly. Let's wait and see if things settle down.