$VOXEL Extreme Volatility and Position Signals
Recent Price Movement (4-hour Chart): VOXEL price has experienced extreme surges followed by sharp pullbacks, currently oscillating and consolidating within a wide range of approximately 0.076 USDT to 0.118 USDT.
Position Data: Before and after the price fluctuations, the VOXEL contracts show significant net growth in positions in the short to medium term (15 minutes to 2 days), synchronized with price fluctuations, indicating active capital. The total open interest is about 150 million, with a position value of approximately 19 M.
Technical Analysis (4-hour Chart):
Key Support: Marked in the chart at 0.07612 USDT.
Key Resistance: Marked in the chart at 0.13899 USDT.
Price volatility is extreme, and technical patterns are abnormal.
Comprehensive Analysis and Risk Consideration: Recent extreme volatility in VOXEL and synchronized growth in short to medium-term open interest indicate capital inflow. However, with extreme price fluctuations, it is currently oscillating between key support and resistance, accompanied by significant uncertainty.
Risk Warning: Market volatility is extreme, and the risk of pullbacks or further fluctuations is very high. It is essential to maintain a high level of caution, set strict stop-losses, and manage positions carefully.