$GRASS This 15m has something.
The price moved up by 3 points; the volume directly surged to 2.87x, and the Z-score is 4.01—not some performative fake breakout. More importantly, OI: 15m +2.11%, 1h +2.45%. The nominal change keeps stacking up upward all the way, the percentile is abnormal at 100%, and it’s ranked 2nd in the whole pool. Funding rate is also pushed to a high percentile recently.
This is new leveraged longs entering the market—not a fake move by shorts covering.
The aggressive trades’ imbalance is down by 49.4%, the buy/sell ratio is 2.95, and buy-side liquidity clearly dominates. The closing price even broke through the upper bound of the past ~20 5m candles, and structurally it looks like it’s holding.
The 24h turnover is only 16.89M, the pool isn’t that deep. In a situation where OI stays abnormally elevated across multiple consecutive cycles, it’s worth keeping an eye on—whether there really is capital laying out positions, or whether we’re about to get another run of wick-pins to shake out contracts. The next few 15m periods’ position changes will tell.
The price moved up by 3 points; the volume directly surged to 2.87x, and the Z-score is 4.01—not some performative fake breakout. More importantly, OI: 15m +2.11%, 1h +2.45%. The nominal change keeps stacking up upward all the way, the percentile is abnormal at 100%, and it’s ranked 2nd in the whole pool. Funding rate is also pushed to a high percentile recently.
This is new leveraged longs entering the market—not a fake move by shorts covering.
The aggressive trades’ imbalance is down by 49.4%, the buy/sell ratio is 2.95, and buy-side liquidity clearly dominates. The closing price even broke through the upper bound of the past ~20 5m candles, and structurally it looks like it’s holding.
The 24h turnover is only 16.89M, the pool isn’t that deep. In a situation where OI stays abnormally elevated across multiple consecutive cycles, it’s worth keeping an eye on—whether there really is capital laying out positions, or whether we’re about to get another run of wick-pins to shake out contracts. The next few 15m periods’ position changes will tell.