ENA this move is a bit interesting.
An increase of 1.82% on the 15m timeframe doesn’t look too aggressive, but the volume is 1.72x, the volatility (Z) is 2.85, and the close even broke through the upper band of the last ~20 5m candles. The key is the OI: 15m is +0.06%, 1h is +0.08%. The nominal change adds up to over 5M, the abnormal percentile is 95.6%, and it ranks 4th across the whole pool.
This structure doesn’t look like a short-covering rebound—it looks more like newly added leveraged longs entering the market. The buy/sell initiative ratio is 1.30, and the funding rate is also at a high percentile recently—bullish sentiment is already very hot.
With multiple consecutive cycles of OI abnormality continuing, depth has also confirmed it. But note: the more it looks like this, the more you should watch out for reverse needle pokes. Don’t just chase—adjust and weigh your position size.
An increase of 1.82% on the 15m timeframe doesn’t look too aggressive, but the volume is 1.72x, the volatility (Z) is 2.85, and the close even broke through the upper band of the last ~20 5m candles. The key is the OI: 15m is +0.06%, 1h is +0.08%. The nominal change adds up to over 5M, the abnormal percentile is 95.6%, and it ranks 4th across the whole pool.
This structure doesn’t look like a short-covering rebound—it looks more like newly added leveraged longs entering the market. The buy/sell initiative ratio is 1.30, and the funding rate is also at a high percentile recently—bullish sentiment is already very hot.
With multiple consecutive cycles of OI abnormality continuing, depth has also confirmed it. But note: the more it looks like this, the more you should watch out for reverse needle pokes. Don’t just chase—adjust and weigh your position size.
