$BOME This spot is kind of interesting.
On 15m, a single bullish candle has pulled up 1.65%. The volume/turnover immediately reached 2.46x the normal level. The volatility Z-score is 3.38—this is clearly unusual movement. The key point is that OI is moving up in sync—15m +0.72%, 1h +1.44%. With a notional 330K U entering the market, this doesn’t look like a mere short-covering “fake pump.” It’s more like newly added leveraged long positions actively building a position.
The OI abnormal percentile has reached 98.8%, ranking 3rd across the whole pool. This has continued across several consecutive cycles. The depth is also sufficient. All three dimensions—trading volume, price-range boundaries, and position changes—confirm at the same time.
The aggressive trade imbalance is 11.3%, and the buy/sell ratio is 1.26—the bids are pushing.
Price has just closed by breaking above the upper bound of the past ~20 5m K-lines. In the last 24h, turnover is a little over 16M. The pool isn’t that deep. Once the direction is chosen from here, the volatility won’t be small.
Watch to see if it can hold and stay firm. If it can’t, it’s a false breakout. If it does hold, then there’s more to come.
On 15m, a single bullish candle has pulled up 1.65%. The volume/turnover immediately reached 2.46x the normal level. The volatility Z-score is 3.38—this is clearly unusual movement. The key point is that OI is moving up in sync—15m +0.72%, 1h +1.44%. With a notional 330K U entering the market, this doesn’t look like a mere short-covering “fake pump.” It’s more like newly added leveraged long positions actively building a position.
The OI abnormal percentile has reached 98.8%, ranking 3rd across the whole pool. This has continued across several consecutive cycles. The depth is also sufficient. All three dimensions—trading volume, price-range boundaries, and position changes—confirm at the same time.
The aggressive trade imbalance is 11.3%, and the buy/sell ratio is 1.26—the bids are pushing.
Price has just closed by breaking above the upper bound of the past ~20 5m K-lines. In the last 24h, turnover is a little over 16M. The pool isn’t that deep. Once the direction is chosen from here, the volatility won’t be small.
Watch to see if it can hold and stay firm. If it can’t, it’s a false breakout. If it does hold, then there’s more to come.