GMT long
Leverage: 0.1x (bottom position)
Cost: around 0.165
Expected profit: to be determined
Expected stop loss: 0.1565 (initial risk 0.5%, maximum single risk 2%)
Technical level, the bottom range was broken, and the volume was released when breaking through. The subsequent shocks have maintained huge volume, which is in sharp contrast to the previous ones. The spot price is more serious than the contract. The highest price of Binance is 0.1887, and CB and OK are basically between 0.174-0.175
The highest price of the contract is only around 0.164.
This shows that most of the current driving force comes from spot buying
Data level, after a short-term surge, the 24H transaction volume reached 1 billion US dollars, far exceeding the market value of 400 million US dollars, the funding rate -0.72% exceeded the abnormal value, the 24H transaction volume increased by 15 times, and the 24H position increased by more than 1 times, which are all manifestations of active funds.
As for the price, temporarily focus on the price near the high closing position of 0.162.