Look at $US this wave: The weekly trend is a continuous downward weak rhythm, and the small rebound within 1 day cannot support the trend; the overall decline has not stopped.
The long-short ratio is a bit contradictory — Binance's accounts and the number of large accounts are relatively high, but the 24-hour aggregated long-short ratio is close to 1, indicating no consensus in the market; in the liquidation data, the long positions liquidated in the last 24 hours outnumbered the shorts, and many long stop-loss orders have already been triggered.
The funding side is weaker: apart from small inflows in 5 minutes and 15 minutes, there are net outflows from 30 minutes to 12 hours, and the contract trading volume has also dropped by more than 58%, indicating that short-term funds are withdrawing.
Currently, the state is a weak rebound with a medium-term bearish outlook; if the funds do not follow up, the rebound cannot be sustained, so it is advisable to wait for now, and consider more stable options only after funds return and prices stabilize.
