$ONT This move has some real substance.

In just 15 minutes, it shot up by more than 2 units, with trading volume reaching 3.37 times the usual level. The volatility Z-value is 4.13—this kind of momentum isn’t something retail investors can smash together.

At the close, it directly pierced above the upper boundary of the most recent 20 five-minute K-line range. The active buy volume is up 19.6%, with a buy/sell ratio of 1.49—an almost one-sided buyer market.

More importantly, in the futures market, OI for both the 15-minute and 1-hour intervals is rising in sync. The nominal increase is over 100K U. The OI anomaly percentile has already hit 96.6%, ranking 3rd in the whole pool. This structure of “price up + open interest up” indicates that it isn’t just short-term speculative money coming in—it’s leveraged capital with real funds behind it, going long.

Honestly, seeing the script of “new long leveraged funds continuing to enter” on a product approaching historical extreme zones—whether the follow-through is acceleration or a “sticking a needle” reversal—this spot is worth watching closely. Keep an eye on whether anyone is distributing/selling from high levels in the order book.