$BTR This 15-minute move directly pulled up more than 6 points, and the trading volume was brought up as well—1.69 times the usual level. The volatility Z-score is 1.83. There really is something here.
The key still comes down to open interest: on the 15-minute level, OI increased by 0.58%; on the 1-hour level, it jumped straight up by 1.59%. The notional change has climbed to 5th place in the whole pool. This clearly indicates new leveraged longs are entering—not just a simple squeeze.
The closing price even pushed through the upper bound of the last 20 five-minute K-lines. Buyers are in control—buyer-to-seller ratio is 1.17—and the incremental capital is genuinely flowing in.
That said, to be honest, this kind of price action with OI rising in tandem is already at the 93.5% abnormal percentile. It’s not far from the historical extreme range. Chasing higher should be done cautiously. Keep an eye out for a divergence signal where volume increases but the advance stalls.
#BTR #Contract watch
The key still comes down to open interest: on the 15-minute level, OI increased by 0.58%; on the 1-hour level, it jumped straight up by 1.59%. The notional change has climbed to 5th place in the whole pool. This clearly indicates new leveraged longs are entering—not just a simple squeeze.
The closing price even pushed through the upper bound of the last 20 five-minute K-lines. Buyers are in control—buyer-to-seller ratio is 1.17—and the incremental capital is genuinely flowing in.
That said, to be honest, this kind of price action with OI rising in tandem is already at the 93.5% abnormal percentile. It’s not far from the historical extreme range. Chasing higher should be done cautiously. Keep an eye out for a divergence signal where volume increases but the advance stalls.
#BTR #Contract watch
