$ZAMA This order book setup is kind of interesting.

In the 15m timeframe, it jumped up by 2 points directly, with the trading volume reaching more than 11 times the usual level, and the Z value above 5—this isn’t just a random push of volume. The key is that OI is rising at the same time: 15m +1.76%, 1h +1.87%. Nominal growth is 4% to 5%, and the overall pool OI’s abnormal percentile is 99.6%—ranked #1. Price is up and positions are up too—this looks like incremental leveraged long entries, not that kind of short-covering with fake heat.

The aggressive trade volume gap is 18.7%, with a buy/sell ratio of 1.46—bullish direction is very clear. The 5m closing has already broken through the upper edge of the range formed by nearly 20 K lines. The boundary at the top of the recent price range has been breached, and depth confirmation has passed as well. Volume is higher than normal, and it hasn’t died out for several consecutive cycles—this isn’t just a single spike.

In the last 24h, the turnover is only 7.96M, so the market “float” isn’t that large. At this level of OI fluctuation and volume amplification, it’s easy in a thin order book to extend the move. But a 99.6% abnormal percentile also means it has already stepped into its own historical extreme zone—sentiment and leverage are stacked pretty full. If you chase, you need to manage the timing carefully.

Right now the structure is biased bullish. Keep an eye on whether this 15m candle can hold the breakout level. If it can, there’s still a chance.