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The market has been quite active in the past few hours. Let's take a look at what has happened.
**The hype around the gains is very high**
TANSSI leads the gain list, rising from $0.00491 to $0.00782 within 4 hours, a 59.27% increase. This guy has been on the list repeatedly, resembling a strong market trend. The contract activity is also quite high, with a volume multiplier of 6.49x, order book buy pressure at 4.62x, and a long-short ratio of 1.35, indicating that bulls still hold the upper hand.
The second tier is also lively — I swear it rose by 19.52%, from $0.030462 to $0.036409; ACU gained 12.41%; PIEVERSE followed the trend with a 9.63% increase; ZRO is relatively steadier, with an 8.59% gain, and both spot and contract volumes are decent, with 2.20x and 1.87x volume multipliers, making this increase fairly healthy.
**A few notable declines**
SKL dropped 8.03%, with spot volume at 0.72x and contract volume at 0.98x, indicating that trading activity in this direction isn't very active; BDXN followed closely with a -7.84% decline, and the contract's long-short ratio is 1.83, still favoring the bulls, which is interesting; FHE directly fell by 5.70%, with contract volume only at 0.23x, which is quite cold; BID is also among the top five in the decline list, down 5.68% and continuously on the list. Although it’s falling, the long-short ratio is 2.58, showing bulls are holding firm; ROSE is at the bottom, down 5.19%, but the volume still looks decent.
**Overall market impression**
Based on the long-short ratio data, even for the declining tokens, bulls still hold an absolute advantage — indicating that market sentiment remains optimistic. The declines seem more like short-term adjustments rather than trend reversals. Volume activity is quite varied; some tokens have sufficient spot volume, while others have no data at all, reflecting differences in trading activity.
In this 4-hour cycle, the market is indeed brewing some opportunities. Whether it's the strong rise of TANSSI or the oscillations of BID and SKL, it’s worth paying close attention.