$TUT This move is kind of interesting.
In the 15m timeframe, it’s up 1.89%. The volume directly hit 2.23x. The proportion of active buy orders is clearly on the high side; the buy/sell ratio is 1.69. The close also broke above the upper boundary of the last 20 5m candles. This isn’t a fake-out that spikes and then disappears—it’s volume-backed.
More importantly, look at OI. 15m is +1.04%, 1h is +1.09%. The abnormal percentile is 99.8%, ranking #5 across the whole pool. Price is rising and OI is rising in sync—this is a structure of new leveraged long positions entering, not passive upside caused by shorts getting squeezed.
The 24h trading value is only 15.68M, so the pool isn’t large. Even though the nominal OI change is only at the tens-of-thousands-of-dollars level, within this scale it’s already considered unusual. Multiple consecutive cycles continuing—approaching historical extreme zones. At this position, it’s either starting up or a trap, but at least for now the tape is biased toward longs.
Keep an eye on it. If volume continues to follow through, the upside potential may be more than just this.
In the 15m timeframe, it’s up 1.89%. The volume directly hit 2.23x. The proportion of active buy orders is clearly on the high side; the buy/sell ratio is 1.69. The close also broke above the upper boundary of the last 20 5m candles. This isn’t a fake-out that spikes and then disappears—it’s volume-backed.
More importantly, look at OI. 15m is +1.04%, 1h is +1.09%. The abnormal percentile is 99.8%, ranking #5 across the whole pool. Price is rising and OI is rising in sync—this is a structure of new leveraged long positions entering, not passive upside caused by shorts getting squeezed.
The 24h trading value is only 15.68M, so the pool isn’t large. Even though the nominal OI change is only at the tens-of-thousands-of-dollars level, within this scale it’s already considered unusual. Multiple consecutive cycles continuing—approaching historical extreme zones. At this position, it’s either starting up or a trap, but at least for now the tape is biased toward longs.
Keep an eye on it. If volume continues to follow through, the upside potential may be more than just this.