$ARK 24h increased 28.5%, current price 0.2005 is right at the 24h high 0.2016. The trading value in the past 1 hour is 2.34 times the 24h hourly average. Open interest value rose in sync by 4.36%. The aggressive buy/sell ratio is 1.054—volume-price are moving in the same direction. It’s new long positioning chasing, not short covering. Funding rate +0.005% still isn’t congested. Invalidation condition: if it falls back to 0.1955 from 1 hour ago, it means this wave of chasing longs has already been digested. $QNT 24h rose 26.7% but turned down in the past 1 hour by 1.13%, with buy/sell ratio of 0.796—high-chasing positions are retreating. $NIL 24h fell 12.8% but has buy/sell ratio of 1.31—this is another route of dip-buying capital.
#Contract open interest