#NFP In the past 24 hours, it experienced a strong rally, once surging to $0.0093, with an increase of over 70%, but then quickly fell back to $0.007, with a 1-hour decline of -6.62%. During the rally, trading volume expanded significantly, but selling pressure quickly emerged at high levels, intensifying the divergence between bulls and bears. The funding rate turned sharply negative to -0.42%, indicating extreme crowding of shorts, suggesting that the market is heavily betting on a short-term pullback, but at the same time, a short squeeze rebound may be brewing. Overall, it is in a period of direction selection.

The overall market greed index is 27 (Fear), the overall market sentiment is relatively panicked, which is not conducive to the continuous rally of altcoins. The long/short ratio of top traders is -0.2144, leaning bearish overall. On the technical side, the 3-day signal is neutral, the 15-minute ADX is 61.7 (strong trend), the CCI is 87.38 (close to overbought), the short-term trend is strong but has retreated from highs.

Investment involves risk, so caution is needed when entering the market.