$TUT has a funding situation that's worth keeping an eye on: the open interest (OI) has spiked in the short term, with the latest increase around 11.1%, and over the 24h dimension, it has expanded about 18.1%, indicating that leveraged funds are rushing in.
More importantly, the OI/market cap ratio is close to 28.8%, which means for a project with a market cap of around 7.89 million dollars and a 24h trading volume of about 8.85 million dollars, the price will be more sensitive to changes in fund flow. If community interest continues to rise, short-term volatility could amplify; however, high OI also means the risk of long and short squeezes is increasing.
My focus: can the volume sustain itself, rather than just looking at a single spike? #TUT #加密市场 #fund flow
More importantly, the OI/market cap ratio is close to 28.8%, which means for a project with a market cap of around 7.89 million dollars and a 24h trading volume of about 8.85 million dollars, the price will be more sensitive to changes in fund flow. If community interest continues to rise, short-term volatility could amplify; however, high OI also means the risk of long and short squeezes is increasing.
My focus: can the volume sustain itself, rather than just looking at a single spike? #TUT #加密市场 #fund flow