$APT This spot is kind of interesting—at 15m there was a volume expansion of 1.89x, directly driving into the area near the top of the recent ~5m range, hitting close to about 20 of those 5m candles. This isn’t the kind of fake poke with a quick jab and retreat—the close also held above the breakout level.
It’s even nicer when you pair it with OI: 15m +0.60%, 1h +0.55%. The nominal change has been stacking across several cycles; the anomalous percentile is 97.8%, ranking second across the whole pool. This doesn’t look like short-covering pushing higher—it’s more like new leverage longs主动ly taking a seat.
The “active” traded volume is down 35.2%, with a buy/sell ratio of 2.09. The order book is clearly tilted. Over 24h, turnover is only 24.52M; the pool isn’t particularly thick. With incremental inflows of this magnitude, the price’s elasticity probably won’t be small.
First, let’s see if it can hold this breakout level. If it holds, upside space opens up; if it doesn’t, it’s likely just a false breakout that washes out the market. I’ll watch whether OI keeps following through.
It’s even nicer when you pair it with OI: 15m +0.60%, 1h +0.55%. The nominal change has been stacking across several cycles; the anomalous percentile is 97.8%, ranking second across the whole pool. This doesn’t look like short-covering pushing higher—it’s more like new leverage longs主动ly taking a seat.
The “active” traded volume is down 35.2%, with a buy/sell ratio of 2.09. The order book is clearly tilted. Over 24h, turnover is only 24.52M; the pool isn’t particularly thick. With incremental inflows of this magnitude, the price’s elasticity probably won’t be small.
First, let’s see if it can hold this breakout level. If it holds, upside space opens up; if it doesn’t, it’s likely just a false breakout that washes out the market. I’ll watch whether OI keeps following through.