TAO has something here.
In 15m, there was a sudden surge to 2.93x. The price pulled back by 0.98%, which doesn’t sound like much, but the key point is that it broke through in sync above the upper edge of the recent ~20 five-minute intervals. OI is rising in both periods: up by over 810K in 1h, and another +914K in 15m. Nominal change ranks within the top 8 across the whole pool, with an abnormal percentile of 79%.
With volume and price in alignment, the proactive buying/selling ratio is 1.36, leaning toward the buy side. In terms of order-book structure, it looks more like newly added leveraged longs pushing it up—not just a simple short covering.
The 24h trading value is also 270 million, with sufficient depth. For this kind of small timeframe relative breakout combined with rising OI, first watch whether it can hold steady above the breakout level; just don’t chase the price higher.
In 15m, there was a sudden surge to 2.93x. The price pulled back by 0.98%, which doesn’t sound like much, but the key point is that it broke through in sync above the upper edge of the recent ~20 five-minute intervals. OI is rising in both periods: up by over 810K in 1h, and another +914K in 15m. Nominal change ranks within the top 8 across the whole pool, with an abnormal percentile of 79%.
With volume and price in alignment, the proactive buying/selling ratio is 1.36, leaning toward the buy side. In terms of order-book structure, it looks more like newly added leveraged longs pushing it up—not just a simple short covering.
The 24h trading value is also 270 million, with sufficient depth. For this kind of small timeframe relative breakout combined with rising OI, first watch whether it can hold steady above the breakout level; just don’t chase the price higher.