$CHIP made a clean move up: +3% in 15m, with volume at 3.6 times normal and the buy/sell ratio reaching 2.87. Aggressive buyers accounted for nearly half of the flow. OI was up 0.5% over half an hour and 0.68% over an hour, with price and open interest rising in tandem—a classic leveraged long entry, not the kind of artificial rise caused by short covering. Its anomaly percentile is 97.2%, ranking #12 across the entire pool and already brushing up against historical extremes. Funding rates have also climbed to recent highs. With just over 15 million in 24h trading volume, the market isn’t particularly deep. In this setup, be cautious about chasing the price: missing out stings, but buying in at the top could hurt even more.