SKR in the last 15 minutes straight up surged +1.86%—trading volume spiked to more than 7 times the usual. The closing price also pushed above the upper boundary of the recent range formed by nearly 20 5m candles.
But honestly, the most worth watching is what’s behind it—OI is rising in sync. In the 1-hour contracts, the open position increased by 1.2%, and the notional longs jumped by 180k U. This clearly indicates new leveraged long positions entering—not a fake breakout from short covering. The OI abnormal percentile has reached 95.4%, ranking 3rd in the whole pool. With data like this on any coin, it’s definitely not something to ignore.
That said, there’s a bit of noise: active trading is still slightly skewed toward selling. The buy/sell ratio is only 0.73, with a difference of -15.8%. In other words, the price is being hard-pushed up, and the chasing demand isn’t strong.
Now SKR is approaching its own historical extreme zone. From here, it’s either a continuation爆拉 that blows up the sellers, or it turns into a grind—shifting sideways like a probe. The 24-hour order book is around 18 million U, and liquidity is decent, but I wouldn’t go heavy and gamble on direction. In this kind of market, the best approach is to set your stop loss properly and watch. If it breaks out, then you can follow—no need to rush.
Do you have SKR in your hands? Or are you also watching from the sidelines?
But honestly, the most worth watching is what’s behind it—OI is rising in sync. In the 1-hour contracts, the open position increased by 1.2%, and the notional longs jumped by 180k U. This clearly indicates new leveraged long positions entering—not a fake breakout from short covering. The OI abnormal percentile has reached 95.4%, ranking 3rd in the whole pool. With data like this on any coin, it’s definitely not something to ignore.
That said, there’s a bit of noise: active trading is still slightly skewed toward selling. The buy/sell ratio is only 0.73, with a difference of -15.8%. In other words, the price is being hard-pushed up, and the chasing demand isn’t strong.
Now SKR is approaching its own historical extreme zone. From here, it’s either a continuation爆拉 that blows up the sellers, or it turns into a grind—shifting sideways like a probe. The 24-hour order book is around 18 million U, and liquidity is decent, but I wouldn’t go heavy and gamble on direction. In this kind of market, the best approach is to set your stop loss properly and watch. If it breaks out, then you can follow—no need to rush.
Do you have SKR in your hands? Or are you also watching from the sidelines?
