$LYN This spot is a bit interesting. In 15m, it’s up 3.89%—volume placed at 1.52x. Price has broken above the upper edge of the recent 20-5m interval highs. Active buy/sell ratio is 1.25; buy-side is short by 11.3%. OI: 15m +0.46%, 1h +0.80%. Nominal change over one hour is 880K; abnormal percentile is 98.6%. Entire pool #2.
Price rising alongside OI increasing is a typical sign of newly added leveraged long positions entering. 24h trading volume is 17M; the pool isn’t very deep. Such a move ranks near the top within the full pool. If it continues through multiple consecutive cycles, it’s worth watching closely.
That said, honestly, the OI abnormal percentile has already nearly capped at 99%, and it’s close to historical extreme ranges. This kind of structure is either the eve of an acceleration, or a trap dug for the late crowd. Don’t let that 15m candle blow your mind—watch whether the next few cycles can hold up, and whether OI keeps tracking.
Set it as an observation point for now; don’t rush to chase.
Price rising alongside OI increasing is a typical sign of newly added leveraged long positions entering. 24h trading volume is 17M; the pool isn’t very deep. Such a move ranks near the top within the full pool. If it continues through multiple consecutive cycles, it’s worth watching closely.
That said, honestly, the OI abnormal percentile has already nearly capped at 99%, and it’s close to historical extreme ranges. This kind of structure is either the eve of an acceleration, or a trap dug for the late crowd. Don’t let that 15m candle blow your mind—watch whether the next few cycles can hold up, and whether OI keeps tracking.
Set it as an observation point for now; don’t rush to chase.