TOSHI This move is a bit sluggish. The Bollinger Band mouth is narrowing; the price is hovering below the middle band. %B is only 0.24. It’s basically running close to the lower band—really not inspiring.
In the past 24 hours it fell 4.27%. It’s not a severe drop, but it’s also not gentle. The funding rate is negative—shorts are paying longs, and shorts’ cost is relatively high. Open interest dropped 10.9%, contract funds are flowing outward, and the number of warrants fell quite noticeably.
The long/short ratio is 1.98. Long accounts outnumber short accounts, but the price isn’t strengthening—if anything, it’s weak. Over 15 minutes it’s up 0.18%, but volume is only about 0.3 times the recent average. Trading volume hasn’t expanded, and the board looks lifeless.
Overall, it’s a choppy, bottoming-out condition—no clear direction has emerged. Funds are withdrawing, and both longs and shorts are holding back.
For reference only and does not constitute investment advice.
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