The most worth dismantling first in this round is ZKJ’s short-term changes, which are almost the same magnitude as its full-day basis.

Binance Alpha’s official adjacent snapshots show: from 21:06:37 to 23:01:36 Beijing time, ZKJ rose from 0.0064102021 to 0.0091412890, with the change at discrete points of +42.61%. The rolling 24-hour gain in the same final snapshot is +42.36%. The former only compares two price points 6,899 seconds apart and does not cover the full two-hour high-low range; even though the two measures are close, that cannot prove the path in between or any subsequent direction.

For this same cycle, the Binance Spot files were collected at 23:01:36 Beijing time and include only six major trading pairs, without ZKJ—so it was not used to infer the ZKJ market. I will keep watching whether the next official snapshot can confirm the continuation of the change.#BinanceAlpha #ZKJ
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