PYTH sentiment hit +4.64 over the past 24 hours, pushing the token higher despite a drop of over 3,000 holders since January. Funding rates climbed to 0.0054%, with long positions dominating the market, while open interest surged 7.8% to $28.5 million. A capital inflow of $2.23 million accompanied this bullish move. However, the liquidation heatmap reveals a concentration of unfilled buy orders below the current price, which could drag the price lower. The rally will only sustain if leverage remains controlled.
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