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7.7 hours ago, the $BSB that was watched closely has now been realized: the price has risen another 13.09%, but the 24-hour increase has actually fallen back by 15.5 percentage points.
The reason is simple, at T0 $BSB was already the top of the market, with a price of 0.46599, a 64.8% increase in 24 hours, and open interest (OI) surged by 115.5% in one day.
This kind of market isn't ignored, but too many people are already on board, mainly watching whether it can continue to sustain.
Now the market has responded.
The price has risen from 0.46599 to 0.52699, reaching a high of 0.53652, and indeed continued to realize gains after T0.
Trading volume also increased from $222.5M to $358.1M, a 60.94% increase, indicating the heat hasn't cooled off, and there are still people taking over in the night session.
But the risk boundaries are also more obvious now.
Open interest rose from $30.8M to $35.2M, an increase of 14.21%, and positions are still stacking up.
Funding rates went from 0.047% to 0.0663%, continuing a streak of 8 consecutive long-paying periods, making long positions more costly.
The long-short ratio dropped from 1.72 to 1.22, and the long position proportion decreased from 63% to 55%, indicating not a one-sided frenzy accelerating, but a widening divergence at high levels.
So, this review's attitude is very clear: realization is justified, but not blindly aggressive.
The price is rising, OI is rising, trading volume is rising, and funding rates are rising—this combination shows the heat is still strong, but high-level squeezing and pullback volatility will also become more sensitive.
Next, focus on four numbers: whether the high point of 0.53652 can hold, whether OI continues to stay above $35.2M, whether funding rates keep rising, and whether Taker can stay above 1.02.
#BSB Trend
Generated using the Claude Fable 5 model. Claude is AI and can make mistakes. Please double-check responses.