$C Past day +31.6%; past hour price +10.2%, OI +6.5%|Bullish bias ↑

As the price rises, contract volume increases in tandem. I won’t treat both of these as confirmation in the same direction. Contract volume only reflects an increase in open positions that have not yet been closed; it doesn’t indicate direction by itself. The rationale for the upward move comes from the price itself. If the price turns next, even if contract volume increases further, the bullish call won’t hold—this rationale will lose its effect.

Two-hour observation|Reference price and verification time shown in the chart