# Contracts that may surge significantly today

Bullish.

For this order book setup, what I’m watching is that in the past 24 hours, the prices of WAL, ONG, and ENSO have all moved upward in line with the trend; open interest is also increasing in sync, and the Supertrend indicators are all pointing upward.

Next, watch whether open interest can continue to follow through, and whether the aggressive (active) buy-side order flow can be further confirmed.

WAL current price 0.02438, up 17.72% over the past 24 hours. Open interest increased by 191.5% over the past 24 hours. Funding rate is -0.5818% and it has been negative for 4 consecutive periods (shorts paying).

With both price and positions expanding at the same time, the chart structure may be prone to a short-squeeze, as liquidity is tightening (chips are being absorbed).

The counter-signal is that the active buy/sell ratio is only 0.96, and active buy orders have not yet taken a clear advantage.

ONG current price 0.04979, up 10.13% over the past 24 hours. Open interest increased by 49.5% over the past 24 hours. Active buy/sell ratio is 1.09.

Price, positions, and active buy order flow move in sync; chips are tightening (being accumulated).

The counter-signal is that the large-holder long/short ratio is only 0.67, meaning the large-holder structure is still relatively bearish.

ENSO current price 0.8324, up 15.44% over the past 24 hours. Open interest increased by 21.3% over the past 24 hours. The large-holder long/short ratio reaches 1.51, while the overall long/short ratio is only 0.48.

This indicates a clear structural difference between large holders and the overall accounts; chips are tightening (being accumulated).

The counter-signal is that the active buy/sell ratio is 0.95, and active sell orders are temporarily slightly leading.

If the trend stays intact, open interest continues to follow, and the active buy-side order flow improves, then this path can keep going. If price weakens, open interest falls back, or counter-signals appear—such as active sell orders continuing to dominate—then you’ll need to reassess this direction.

On-the-record disclosure: This account currently holds an $FOGO long position; the related viewpoints are consistent with the actual position size.

Claude Fable 5 assisted generation; content is for market information reference only and does not constitute investment advice.