$GALA 15m The pull isn’t that aggressive—1.59%—but the volume is 7.2x the normal level. The OI percentile hits 99.6%, and it’s number one across the entire pool—anomalous overall first. Price is up + OI is up, and new leveraged long positions are coming in. Active buy orders are down 5%, but the volume–price coordination is still decent.
The signal that the entire pool is anomalous ranked #1 is worth paying attention to. The funding rate is also at a high percentile recently. Next, we’ll see if it can hold above the upper boundary of the 5-minute range (20 candles). If it’s only a needle/spike, then it won’t be interesting.
The signal that the entire pool is anomalous ranked #1 is worth paying attention to. The funding rate is also at a high percentile recently. Next, we’ll see if it can hold above the upper boundary of the 5-minute range (20 candles). If it’s only a needle/spike, then it won’t be interesting.