$CT This setup is interesting.

Price is being pushed up gradually. It’s up less than 1% on the 15m, but OI has been climbing for several consecutive periods. 15m +1.66%, 1h +2.14%, and the anomaly percentile is all the way up at 98.6%—the highest in the entire pool. This is more than you’d expect from a few retail traders casually opening positions; it looks more like someone is steadily adding leveraged longs.

The problem is that the net taker volume is -3.4%, with a buy/sell ratio of 0.93. Price is rising and OI is rising, but aggressive buying hasn’t followed through. That suggests this move is being driven more by leverage than by genuine spot demand. New longs are willing to enter here, but this level is already approaching CT’s own historical extremes.

Either someone knows something in advance, or this is a classic buildup of leverage, waiting for a move in the opposite direction to trigger liquidations. 24h trading volume is 22.54M, market depth isn’t particularly thick, and the notional change in OI is only 92K, yet the anomaly percentile is at the very top of the entire pool.

I generally wouldn’t chase this kind of setup. I’d wait for it to show its hand—either aggressive buying comes in to confirm the trend, or a sharp wick wipes out the leverage. At this level, neither longs nor shorts are comfortable.