AMBCrypto • October 8th 2026, 2:00 AM
PONS rallies 10% despite net selling: Can bullish traders hold the line?
Key Summary
PONS has rallied over 10% despite net selling pressure, driven by bullish traders. The perpetual Net Inflow and Funding Rate suggest continued appetite for bullish positioning, but negative Net Inflows challenge the rally's buying support. Fresh demand is needed to absorb the selling pressure and sustain the upside move.
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Market Analysis
The recent price action of PONS has been marked by a significant rally of over 10% despite net selling pressure. This move has raised questions about the sustainability of the rally and whether bullish traders can hold the line.
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Key Metrics
Perpetual Net Inflow: -$7.89 million Spot Market Net Inflow: -$1.64 million Funding Rate: 0.0032% Open Interest: $175.09 million
#PONS#CryptoMarket#NetSelling#BullishTraders#US