$AAVE This spot is kind of interesting.
In the last 15m, it ran up 1.06%. The volume directly hit 1.75x. Over the past hour, OI increased by 1.55%, with nominal OI of 2.23M; the abnormal percentile is 97.6%. Price is rising and OI is rising in sync, which suggests this isn’t short covering—it’s new longs pushing in.
The aggressive trade imbalance is +9.4%, the buy/sell ratio is 1.21, and the close even broke above the upper edge of the last ~20 consecutive 5m candles.
Across multiple continuous cycles, OI has been sustaining, and the depth has confirmed it as well. This kind of structure can’t be “drawn” from just one or two K-lines.
Of course, the funding rate has already been in the high percentile range recently, and crowded leverage is a double-edged sword. I’m personally going to see whether it can hold above the upper bound of this range; if it can’t, that’s a different story.
Not investment advice—just a quick note from watching the tape.
In the last 15m, it ran up 1.06%. The volume directly hit 1.75x. Over the past hour, OI increased by 1.55%, with nominal OI of 2.23M; the abnormal percentile is 97.6%. Price is rising and OI is rising in sync, which suggests this isn’t short covering—it’s new longs pushing in.
The aggressive trade imbalance is +9.4%, the buy/sell ratio is 1.21, and the close even broke above the upper edge of the last ~20 consecutive 5m candles.
Across multiple continuous cycles, OI has been sustaining, and the depth has confirmed it as well. This kind of structure can’t be “drawn” from just one or two K-lines.
Of course, the funding rate has already been in the high percentile range recently, and crowded leverage is a double-edged sword. I’m personally going to see whether it can hold above the upper bound of this range; if it can’t, that’s a different story.
Not investment advice—just a quick note from watching the tape.