$JCT has some real momentum behind it: it surged 6.45% in 15 minutes. The key is that it wasn’t just price moving—OI moved up with it. 1h futures OI rose 4.98%, adding 3.33M in notional value, and its anomaly percentile hit 99.2%, ranking second across the entire pool. This setup looks more like new leveraged longs entering than shorts covering. Price just closed above the top of the recent 20-bar 5m range; the taker buy/sell ratio was 1.07, volume was twice normal, and the funding rate was also at a recent high percentile. The move has continued for several consecutive periods, and depth confirmation has also come through. 24h trading volume is only 7.75M, so the pool isn’t particularly deep. Be cautious about chasing at these levels, but the market action is definitely speaking for itself.