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Main points:
– M jumped 16%, while the sector gained 66% monthly due to perpetual market entries 📈
– Sellers dominated at 66%, with low volume indicating weak support 📉
– Recent M-Rally connected to sector strength 📊
– Capital influx boosted M’s price by 17% 📈
– Funding rate indicates long capital flow for continued rally 📈
– Derivative trading imbalance raises doubts about sustainability 🤔
– Long-term investors cautious with minimal cash market activity 💰
– Liquidations mostly on short side, suggesting potential pressure ⚖️
– Sellers’ control over market flow questions rally sustainability 🤔
https://altcoin.observer/same-m-booms-16-as-a-surge-will-the-rally-last/
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