$TIA 15m Suddenly surged 3.38%, with volume driving straight to a new normal level of 2.39x, and the closing price broke through the upper band of the past ~20 5-minute bars.

But what’s really interesting is the OI: 15m +1.92%, 1h +3.55%. The notional change is +1.65M, the abnormal percentile is 99.4%, and it ranks #2 in the full pool. It has been continuing for several consecutive cycles—this isn’t an empty squeeze; it’s new leveraged long positions entering the market.

Aggressive buying is 9.9%, buy/sell ratio is 1.22, 24h trading volume is 75M, and the order book is keeping up. The price is hovering near the historical extreme zone, and the full-pool positioning is also near the top. Such a structure will either accelerate further, or it’s setting a trap for the people chasing the breakout.

Right now I only care about one thing: can OI keep piling up? If it can’t, that’s a different story.