$COTI This 15-minute timeframe is kind of interesting. The price is moving upward, and the OI is rising in sync as well—and it’s been continuing for several consecutive cycles, not some flash-in-the-pan fake move.
Even more outrageous: the OI abnormal percentile has directly jumped to 97.4%, ranking first across the whole pool. The trading volume is a steady 4.5 times the norm, with buy orders from the front being dominant. This isn’t volume that retail traders alone could build—more like big players adding leverage and stepping in.
That said, to be honest, with this kind of breakout coming near a historical extreme zone and involving leveraged capital, if you’re just following with small orders, be careful. The direction may be right, but don’t get shaken out by the volatility.
Keep an eye on the order book around the current price—see whether any subsequent volume can carry the move forward.
Even more outrageous: the OI abnormal percentile has directly jumped to 97.4%, ranking first across the whole pool. The trading volume is a steady 4.5 times the norm, with buy orders from the front being dominant. This isn’t volume that retail traders alone could build—more like big players adding leverage and stepping in.
That said, to be honest, with this kind of breakout coming near a historical extreme zone and involving leveraged capital, if you’re just following with small orders, be careful. The direction may be right, but don’t get shaken out by the volatility.
Keep an eye on the order book around the current price—see whether any subsequent volume can carry the move forward.