FIL This move is a bit interesting.
In the 15m timeframe, it’s up 0.82%, volume is 1.38x, and the volatility Z shot straight to 2.16. The price has just closed near the upper edge of the last ~20 five-minute candles, with passive vs. active execution spread down 31.2% and buy/sell ratio at 1.91—so on the order book it looks like someone is actively driving price upward.
More importantly, OI: 15m +0.21%, 1h +0.52%, notional change 484K / 709K. Price is rising and open interest is rising in sync—this is a textbook case of incremental long positions entering, not shorts covering to prop it up.
The notional change ranks #14 across the whole pool, at an unusual percentile of 74.4%—not extreme, but given the overall order flow with 24h turnover of 194M, this magnitude is solid enough.
Let’s see if it can hold above the upper edge of this range. If it holds, then we’ll have something to talk about.
In the 15m timeframe, it’s up 0.82%, volume is 1.38x, and the volatility Z shot straight to 2.16. The price has just closed near the upper edge of the last ~20 five-minute candles, with passive vs. active execution spread down 31.2% and buy/sell ratio at 1.91—so on the order book it looks like someone is actively driving price upward.
More importantly, OI: 15m +0.21%, 1h +0.52%, notional change 484K / 709K. Price is rising and open interest is rising in sync—this is a textbook case of incremental long positions entering, not shorts covering to prop it up.
The notional change ranks #14 across the whole pool, at an unusual percentile of 74.4%—not extreme, but given the overall order flow with 24h turnover of 194M, this magnitude is solid enough.
Let’s see if it can hold above the upper edge of this range. If it holds, then we’ll have something to talk about.
