$CTSI This move is a bit too fast. In just 15 minutes it climbed more than 5%, volume rose to 1.5x, and OI also jumped by over 5%—new leveraged longs are coming in, not just short covering. Also, the OI abnormal percentile directly pushed to 97.4%, the highest in the whole pool. It has been stacking for several consecutive cycles, and the funding rate has climbed to a recent high as well.
Honestly, the structure isn’t very comfortable. Active trades are down by -4%, the buy/sell ratio is 0.92, and during the pump it’s actually as if sell pressure was still there. 24h volume is 52M, and the notional change is only a bit over 400k U—the pool is still thin. Any slightly larger order can push both the price and OI up at the same time.
We’re not far from the historical extreme zone. Be careful when chasing longs from here—leverage is stacking too quickly, and if it pulls back, it can easily turn into a cascade. First, see whether this move can hold steady after 01:39. Don’t catch a falling knife.
Honestly, the structure isn’t very comfortable. Active trades are down by -4%, the buy/sell ratio is 0.92, and during the pump it’s actually as if sell pressure was still there. 24h volume is 52M, and the notional change is only a bit over 400k U—the pool is still thin. Any slightly larger order can push both the price and OI up at the same time.
We’re not far from the historical extreme zone. Be careful when chasing longs from here—leverage is stacking too quickly, and if it pulls back, it can easily turn into a cascade. First, see whether this move can hold steady after 01:39. Don’t catch a falling knife.