$HOT The past hour has been quite intense, with contract positions directly increasing by 24.7%, and prices rising by 13.5%.
The open interest is only $2 million, with a market cap of $71 million and a low leverage ratio; this wave seems more like spot trading pushing it.
In the past 24 hours, it has accumulated a rise of 17%, with short-term funds coming in, but it hasn't overheated yet. 🔥
I tend to see a consolidation upwards; be cautious of spikes when chasing long positions.
The open interest is only $2 million, with a market cap of $71 million and a low leverage ratio; this wave seems more like spot trading pushing it.
In the past 24 hours, it has accumulated a rise of 17%, with short-term funds coming in, but it hasn't overheated yet. 🔥
I tend to see a consolidation upwards; be cautious of spikes when chasing long positions.