$HEMI In this 15-minute window it surged 5 percentage points, directly breaking through the highs of nearly 20 consecutive 5-minute candlesticks. Volume expanded to 3 times the usual level, with active buy-side orders in a clear advantage—buyers were also quite aggressive.
What’s even more important is that contract open interest is moving up in sync with the rise. Both the OI on the 15-minute and 1-hour charts are trending upward, and nominal changes show new capital in the millions of USD entering. This kind of rally is very likely being pushed by newly added leveraged long positions, not just a “fake pump” driven by short-covering.
Looking at the bigger picture again: the OI abnormal percentile is at 98%, and it ranks near the top across the whole pool. It’s not without reason that the资金 (capital) is targeting it. 24-hour trading value is $150 million, so activity isn’t low.
That said, once it pulls out an extreme historical range, people chasing price need to have their own sense of caution. The market is lively, but volatility Z is at 2.86—risk control strings have to stay tight. $HEMI
What’s even more important is that contract open interest is moving up in sync with the rise. Both the OI on the 15-minute and 1-hour charts are trending upward, and nominal changes show new capital in the millions of USD entering. This kind of rally is very likely being pushed by newly added leveraged long positions, not just a “fake pump” driven by short-covering.
Looking at the bigger picture again: the OI abnormal percentile is at 98%, and it ranks near the top across the whole pool. It’s not without reason that the资金 (capital) is targeting it. 24-hour trading value is $150 million, so activity isn’t low.
That said, once it pulls out an extreme historical range, people chasing price need to have their own sense of caution. The market is lively, but volatility Z is at 2.86—risk control strings have to stay tight. $HEMI
