$RLC This one’s looking interesting.
Price is up 1.54% over 15 minutes—not much on its own, but OI jumped 9.6% in an hour, adding $3.6 million in notional value. It’s also up 2.68% over 15 minutes. This isn’t a short squeeze; it’s genuinely new leveraged longs piling in.
OI’s anomaly percentile is already at 93.5%, ranking 8th across the whole pool for anomalies and 4th for notional change. The move has continued over several consecutive intervals, and the funding rate is also near a recent high percentile—there’s depth behind this, so it’s not just a one-off blip.
24-hour trading volume is $796 million. The taker buy/sell ratio is 1.13, with a 6.1% taker volume imbalance, indicating buyers are more aggressive. Price up + OI up: a textbook bullish, leveraged-long structure.
That said, I’m not keen to chase at these levels. An anomaly percentile of 93.5% is close to the extreme end of its historical range. The more aggressively leverage piles up, the harder the washout can be. Either wait for a pullback to confirm, or watch how the market absorbs these new longs.
If you’re already in, hold tight. If not, don’t FOMO. In a setup like this, being late often means catching a falling knife.
Price is up 1.54% over 15 minutes—not much on its own, but OI jumped 9.6% in an hour, adding $3.6 million in notional value. It’s also up 2.68% over 15 minutes. This isn’t a short squeeze; it’s genuinely new leveraged longs piling in.
OI’s anomaly percentile is already at 93.5%, ranking 8th across the whole pool for anomalies and 4th for notional change. The move has continued over several consecutive intervals, and the funding rate is also near a recent high percentile—there’s depth behind this, so it’s not just a one-off blip.
24-hour trading volume is $796 million. The taker buy/sell ratio is 1.13, with a 6.1% taker volume imbalance, indicating buyers are more aggressive. Price up + OI up: a textbook bullish, leveraged-long structure.
That said, I’m not keen to chase at these levels. An anomaly percentile of 93.5% is close to the extreme end of its historical range. The more aggressively leverage piles up, the harder the washout can be. Either wait for a pullback to confirm, or watch how the market absorbs these new longs.
If you’re already in, hold tight. If not, don’t FOMO. In a setup like this, being late often means catching a falling knife.
