WHY has recently performed well, with a 60% increase from yesterday to today. The price reached a high point at 8:00 this morning and then started to adjust. It now appears that the adjustment has come to an end.
From a technical perspective, the 1-hour chart shows a continuous trend of counter-trend upward movement, indicating that the bullish momentum has not weakened. More interestingly, the funding rate remains at a relatively high positive level, suggesting that market participants are still optimistic about the future, with large long positions continuously accumulating.
Based on these signals—ongoing technical upward trend, positive funding rate premium, and stable support after price correction—the next step is expected to reach a new high. There are many opportunities, but risk management should also be emphasized.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
CoconutWaterBoy
· 10h ago
A 60% increase is really impressive, but I still think it should be a bit slower. Don't be fooled by the fees.
View OriginalReply0
StableCoinKaren
· 16h ago
A 60% increase in one day? Is that real? How crazy is this market?
View OriginalReply0
Gm_Gn_Merchant
· 16h ago
A 60% increase is really crazy; this is true pumping. The high-level positive funding rate indicates that the bulls haven't dispersed, and it feels like a breakout is imminent.
View OriginalReply0
gas_fee_trauma
· 16h ago
A 60% increase in one day? How big of a whale would it take to do that? I'm scared.
View OriginalReply0
GateUser-6bc33122
· 17h ago
60% increase, this wave is indeed strong, just worried about catching the bag at a high level
View OriginalReply0
HalfIsEmpty
· 17h ago
A 60% increase, to be honest, is a bit scary; a correction might be coming.
The high funding rate is indeed interesting, but this thing loves to deceive.
New high? Let's wait and see if it can hold steady first.
This move feels a bit too fast; I'm still used to lying half-in with my position.
WHY has recently performed well, with a 60% increase from yesterday to today. The price reached a high point at 8:00 this morning and then started to adjust. It now appears that the adjustment has come to an end.
From a technical perspective, the 1-hour chart shows a continuous trend of counter-trend upward movement, indicating that the bullish momentum has not weakened. More interestingly, the funding rate remains at a relatively high positive level, suggesting that market participants are still optimistic about the future, with large long positions continuously accumulating.
Based on these signals—ongoing technical upward trend, positive funding rate premium, and stable support after price correction—the next step is expected to reach a new high. There are many opportunities, but risk management should also be emphasized.