$REZ This rally is getting interesting. The price is up 2.24% over 15m, while volume has surged to more than 5x its usual level. But OI is actually down 4.2% over 15m—a classic short-covering move, not fresh longs coming in; the shorts are just getting out. That said, OI is up 7.43% on the 1h timeframe, and the funding rate has climbed to a recent high percentile, suggesting that some traders are starting to chase longs too. OI’s abnormality percentile is 99%, ranking second across the entire pool. With readings this extreme persisting for several periods, short-term sentiment is already running pretty hot. The taker buy/sell ratio is 1.13—bullish, but not out of control. My take: shorts have probably made most of their money from covering by now. Going forward, we’ll need to see fresh capital stepping in to buy; otherwise, at this level, longs could end up passing the hot potato to each other. 24h trading volume is only a little over $10M, so liquidity is thin and bigger swings are normal. Don’t get carried away. $REZ