#山寨季何时到来？ From the current short-term data and K-line of $CHZ , the trend shows characteristics of slight upward fluctuation, which can be analyzed from the following dimensions:
• Short-term volatility: The 15-minute K-line shows prices fluctuating around 0.031, accompanied by an increase in trading volume (open interest increased by 7.70% within 5 minutes), indicating that short-term capital attention is increasing, and prices have slightly risen (24-hour increase of 2.34%).
• Trend signals: MA7 (0.0308) and MA25 (0.0302) are both diverging upwards, with short-term moving averages supporting prices, indicating a bullish pattern.
• Market sentiment: The funding rate is -0.04% (slightly negative rate), indicating that the current short position cost is slightly high, but open interest is rapidly increasing (from 200M to 216M), intensifying the long-short battle.
However, it should be noted: CHZ has not fluctuated much recently (today's increase is about 3%), and the long-term trend is relatively weak (90-day decline of nearly 20%), with the recent increase in open interest being more of a short-term battle for day traders; the subsequent trend may continue to fluctuate, and attention should be paid to whether it can break through the 24-hour high of 0.0318.
