- IP has been gathering over the past 24 hours, driven by an increase in the flow of liquidity from investors to the series.
- The alliance of immediate traders and derivatives oppose the upward trend, as the group began to force the sale.
story [IP] It gained slightly more than 10 % during this period, with the support of the momentum of the strong market, as the volume of 286.56 % increased to 50.3 million dollars.
The capital flow is still high, as the total closed value in IP (TVL) reached a new peak. This increase led to remarkable losses for short traders, even as more derivative traders in the betting continued to decline in prices.
Will the bears absorb the losses, or will investors retreat? Ambcrypto analyzes market expectations.
Liquidity jackets between investors on the chain
The last gathering of IP comes amid a significant increase in the total closed value (TVL) via protocols on its chain.
according to DevilleTVL from the IP reached a new increase of $ 25.33 million, recovering from a decrease of 10.66 million dollars from May 22 to June 14.
This type of continuous increase indicates an increase in the investor’s interest and the investor’s long -term expectations. While some derivative traders expect a decrease, others seem to be increasingly optimistic.
The derivative market shows high purchase pressure
At the time of the press, Coinalyze The data showed that the length ratio to the insufficiency in the derivative market has turned towards buyers during the past 24 hours.
The percentage across all stocks indicated that 54.31 % of the size came from long jobs, while short situations represent 45.69 %, reflecting 1.19.
This increase in the purchase coincided with a major filtering event that was incompatible with the IP rally. During this period, traders who bet against the IP 189,000 dollars lost, while they lost only $ 29,300.
This means that for every dollar lost due to the long positions, it has lost $ 6.49 due to short pants – a major defect that momentum tends to bull.
However, this dynamic appears to be transformed. A closer look at the lower time frames shows that the sellers began to bridge the gap.
In the last hour, for example, the long size decreased to 51.86 %, while a short volume rose to 48.14 % – in a gradual return to the seller’s domination.
The sellers are pushed to regain control of IP
Sellers have become more active, not only in derivatives but also in instant markets.
On the side of the derivatives, Coinalyze He explains that the assembled financing rate has turned into a severe negative, as it reached -0.2107, its lowest level since June 22.
The assembled financing rate is frequent fees between long and short positions in permanent contracts, designed to maintain prices parallel to immediate values via stock exchanges.
A large negative rate means that short traders pay the fees, a sign that the market momentum turns into their favor.
In addition to this declining pressure is the instant exchange of Netflow, which has recorded more flows than external flows, indicating that more distinctive icons are transferred to exchanges for potential sale.
It is worth noting, Netflow Coinglass It reached $ 1.98 million, which is the highest profit point so far. Over the past two days, the total sales operations amounted to $ 3.42 million.
This constant sale pressure indicates that IP opportunities to keep their gathering narrow.