CRV at this spot is getting interesting.
On the 15-minute timeframe, it directly broke through the top of the range covering nearly 20 five-minute candles, and the closing price is holding steady above it. Volume has also kept up: the 15-minute成交量 is 1.49×, with aggressive buy volume outpacing sell volume reaching 26.6%, and the buy-sell ratio is 1.72. This leg of the bulls is real—pushing the price with genuine money, not some kind of fake pump.
What’s even more worth noting is that the OI abnormal percentile has already surged to 98.2%, ranking 18th across the whole pool, while the notional change rank is up to 38. Price and open interest rising together indicates newly added leveraged long positions are driving it—not short covering for a brief rebound. On the 1-hour timeframe, OI notional change is still +2.12%, and the funding rate is also at a high percentile recently. If this structure continues, the probability of a squeeze that pulls up shorts should keep increasing.
But let’s be clear: it has already touched its own historical extreme zone. The more it gets to moments like this, the more you should expect a consolidation-and-washout. This isn’t telling you to go all-in chasing the breakout—it’s about watching whether pullbacks can hold the breakout level. If the retest doesn’t break, then this story is only just beginning.
On the 15-minute timeframe, it directly broke through the top of the range covering nearly 20 five-minute candles, and the closing price is holding steady above it. Volume has also kept up: the 15-minute成交量 is 1.49×, with aggressive buy volume outpacing sell volume reaching 26.6%, and the buy-sell ratio is 1.72. This leg of the bulls is real—pushing the price with genuine money, not some kind of fake pump.
What’s even more worth noting is that the OI abnormal percentile has already surged to 98.2%, ranking 18th across the whole pool, while the notional change rank is up to 38. Price and open interest rising together indicates newly added leveraged long positions are driving it—not short covering for a brief rebound. On the 1-hour timeframe, OI notional change is still +2.12%, and the funding rate is also at a high percentile recently. If this structure continues, the probability of a squeeze that pulls up shorts should keep increasing.
But let’s be clear: it has already touched its own historical extreme zone. The more it gets to moments like this, the more you should expect a consolidation-and-washout. This isn’t telling you to go all-in chasing the breakout—it’s about watching whether pullbacks can hold the breakout level. If the retest doesn’t break, then this story is only just beginning.
