$ARK These 15 minutes are kind of interesting. The price moved up by 2 points, and trading volume went straight to 1.9x. The buy-sell ratio is 1.17, and the aggressive buy orders are relatively strong.

The key is the OI—15m contract +1.5%, notional +3.42%, yet the 1h trend is still barely down. This combination doesn’t really look like a short-covering bounce. It looks more like new long positions are adding leverage at this level.

The anomaly percentile is 77%, and it’s pool #40. The data does show money moving. 24h trading volume is 138 million, and the order book depth is also sufficient—this isn’t the kind of market that slips right away after you push it up.

But what this structure fears most is this: leverage increases fast, and withdrawals happen just as fast. I’ll watch it for now—I’m not in a hurry to chase.