$BTW This move is a bit interesting. The 15m closed and pushed straight through the upper line of nearly 20 5m bars. Volume and energy are 1.83x, Z is 2.46—this isn’t the kind of shrinking-volume breakout.
More importantly is OI: 15m +0.18%, 1h +0.77%. The notional increased by nearly 3MU. Price rises while OI also rises—this is a typical leveraged long-entry structure, not short covering pushing prices.
The aggressive buy/sell ratio is 1.11, a 5.3% difference. The buy orders are indeed absorbing.
Abnormal quantile, entire pool #29; notional change #8; depth confirmation has passed.
In the past 24h, turnover is already 199M, and the pool has active participants. First, see whether this move can hold above the upper bound of the range. If it can’t, it’s just a fakeout.
More importantly is OI: 15m +0.18%, 1h +0.77%. The notional increased by nearly 3MU. Price rises while OI also rises—this is a typical leveraged long-entry structure, not short covering pushing prices.
The aggressive buy/sell ratio is 1.11, a 5.3% difference. The buy orders are indeed absorbing.
Abnormal quantile, entire pool #29; notional change #8; depth confirmation has passed.
In the past 24h, turnover is already 199M, and the pool has active participants. First, see whether this move can hold above the upper bound of the range. If it can’t, it’s just a fakeout.