There’s something here on AVAX.
In 15m, it surged straight up by 0.91%. Volume exploded to 3.74x, with a Z value of 2.61. This isn’t just random wobbling—there are genuinely people entering the market. The closing price broke above the upper band of the last ~20 consecutive 5m K-lines. Active transaction volume difference is +4.9%, and the buy/sell ratio is 1.10, indicating that bids are actively eating upward.
More importantly, it’s OI. As price rises, OI also lifts in sync. Both 15m and 1h show net increases. The combined nominal change is close to 2M USDT. The OI abnormal percentile is 93.3%; in the whole pool, the abnormality ranks at #9, and the nominal change ranks at #15. This structure is more consistent with newly added leveraged long participation, not just shorts covering.
The funding rate is also at a recent high percentile. It has continued across multiple consecutive cycles, indicating this move isn’t an isolated spike—someone is steadily adding.
The 24h trading value is 156M, and the order book depth confirms it is in place. Price is also approaching its own historical extreme zone. At this kind of location, once it breaks out on increased volume, either it keeps squeezing shorts higher, or it becomes a violent shakeout after leverage gets stacked too high.
Keep an eye on it first—don’t chase. Wait for a pullback and confirmation.
In 15m, it surged straight up by 0.91%. Volume exploded to 3.74x, with a Z value of 2.61. This isn’t just random wobbling—there are genuinely people entering the market. The closing price broke above the upper band of the last ~20 consecutive 5m K-lines. Active transaction volume difference is +4.9%, and the buy/sell ratio is 1.10, indicating that bids are actively eating upward.
More importantly, it’s OI. As price rises, OI also lifts in sync. Both 15m and 1h show net increases. The combined nominal change is close to 2M USDT. The OI abnormal percentile is 93.3%; in the whole pool, the abnormality ranks at #9, and the nominal change ranks at #15. This structure is more consistent with newly added leveraged long participation, not just shorts covering.
The funding rate is also at a recent high percentile. It has continued across multiple consecutive cycles, indicating this move isn’t an isolated spike—someone is steadily adding.
The 24h trading value is 156M, and the order book depth confirms it is in place. Price is also approaching its own historical extreme zone. At this kind of location, once it breaks out on increased volume, either it keeps squeezing shorts higher, or it becomes a violent shakeout after leverage gets stacked too high.
Keep an eye on it first—don’t chase. Wait for a pullback and confirmation.
