$ETHFI This area is getting interesting.
In 15m, it pulled 2.8%. Volume instantly reached 3.9x the normal level, and the Z value is about to hit 4. This isn’t just a random needle insertion. After closing, it stood above the top edge of the ~20 5m-bar range. The active trading gap is +25%, and the buy/sell ratio is 1.67—clearly someone is taking supply, not just leaving limit orders there waiting to be eaten.
More importantly, it’s the OI. In 15m: +0.96%; in 1h: +1.99%. Nominal 1h increased by 1.75M. It’s at the abnormal percentile of 98%, with the abnormal moves across the whole pool ranking 2nd. Price rising alongside a synchronized lift in OI means new leveraged long positions are entering—not a fake move from shorts covering. The funding rate is also up to a recent high percentile, which shows long sentiment is genuinely heating up.
Multiple consecutive cycles are continuing. Volume, price, and positions all confirm it. The 24h trading value is around 67M. The pool isn’t that thick, so OI coming in at this speed can easily sustain a run.
Now it comes down to whether it can hold this upper edge. If it holds, it becomes the acceleration phase. If it falls back, it’s a sweep-and-fakeout. With the OI abnormality at the 98th percentile, don’t rush in too aggressively—wait for a pullback and confirmation.
In 15m, it pulled 2.8%. Volume instantly reached 3.9x the normal level, and the Z value is about to hit 4. This isn’t just a random needle insertion. After closing, it stood above the top edge of the ~20 5m-bar range. The active trading gap is +25%, and the buy/sell ratio is 1.67—clearly someone is taking supply, not just leaving limit orders there waiting to be eaten.
More importantly, it’s the OI. In 15m: +0.96%; in 1h: +1.99%. Nominal 1h increased by 1.75M. It’s at the abnormal percentile of 98%, with the abnormal moves across the whole pool ranking 2nd. Price rising alongside a synchronized lift in OI means new leveraged long positions are entering—not a fake move from shorts covering. The funding rate is also up to a recent high percentile, which shows long sentiment is genuinely heating up.
Multiple consecutive cycles are continuing. Volume, price, and positions all confirm it. The 24h trading value is around 67M. The pool isn’t that thick, so OI coming in at this speed can easily sustain a run.
Now it comes down to whether it can hold this upper edge. If it holds, it becomes the acceleration phase. If it falls back, it’s a sweep-and-fakeout. With the OI abnormality at the 98th percentile, don’t rush in too aggressively—wait for a pullback and confirmation.
