$ACE This 15-minute chart has some interesting points.
It broke above the upper boundary of a range formed by nearly 20 five-minute K-lines. The trading volume jumped directly to 2.5x, and the volatility Z reached 2.92. Prices are rising, and OI is also moving up in sync. For the 15-minute contracts, open interest increased by 0.48%, with a notional change of 200k U. This structure looks more like fresh leveraged long positions are entering, rather than price being pushed up purely by short liquidation.
Active trading imbalance is 7.5%, with buy/sell ratio at 1.16—buy orders really do have the upper hand. On the 1-hour timeframe, OI basically didn’t move, suggesting a higher likelihood that this short-term move is driven by temporary/short-term capital. Whether it can continue still depends on whether volume can keep up.
Over the past 24 hours, trading value is over 19 million U, ranking 29th in the pool’s abnormal activity list. Depth confirmation shows it’s a clean breakout. Since price has pushed to the edge of the range, the next question is whether it can hold its ground in that direction, or whether it gets knocked back and forces another period of grinding.
Near the key levels, the tug-of-war sentiment is evident—pay attention to controlling the pace.
It broke above the upper boundary of a range formed by nearly 20 five-minute K-lines. The trading volume jumped directly to 2.5x, and the volatility Z reached 2.92. Prices are rising, and OI is also moving up in sync. For the 15-minute contracts, open interest increased by 0.48%, with a notional change of 200k U. This structure looks more like fresh leveraged long positions are entering, rather than price being pushed up purely by short liquidation.
Active trading imbalance is 7.5%, with buy/sell ratio at 1.16—buy orders really do have the upper hand. On the 1-hour timeframe, OI basically didn’t move, suggesting a higher likelihood that this short-term move is driven by temporary/short-term capital. Whether it can continue still depends on whether volume can keep up.
Over the past 24 hours, trading value is over 19 million U, ranking 29th in the pool’s abnormal activity list. Depth confirmation shows it’s a clean breakout. Since price has pushed to the edge of the range, the next question is whether it can hold its ground in that direction, or whether it gets knocked back and forces another period of grinding.
Near the key levels, the tug-of-war sentiment is evident—pay attention to controlling the pace.
