$BMT has some serious action. It rallied 5.95% in 15m, with volume hitting 5.83x normal and a Z-score of 4.57. This isn't just a little wobble.
The key is that OI moved up alongside it: +0.37% over 15m and +0.26% over 1h, with nominal changes around 5%. It ranks at the 99.2nd percentile for anomalies, #4 across the entire pool. Price up, open interest up—a classic sign of new leveraged longs entering, not a short squeeze-driven spike.
On the tape, aggressive trade imbalance is 10.6%, the buy/sell ratio is 1.24, and the close held above the high of the last 20 5m candles. The move has continued over several consecutive periods, market depth confirms it, and volume is clearly above normal.
24h trading volume is only a little over 20M, yet at this size, the nominal OI change ranks #32 across the entire pool—which suggests real money is flowing in. It's approaching historically extreme territory, so think carefully about your entry if you're chasing it.
The key is that OI moved up alongside it: +0.37% over 15m and +0.26% over 1h, with nominal changes around 5%. It ranks at the 99.2nd percentile for anomalies, #4 across the entire pool. Price up, open interest up—a classic sign of new leveraged longs entering, not a short squeeze-driven spike.
On the tape, aggressive trade imbalance is 10.6%, the buy/sell ratio is 1.24, and the close held above the high of the last 20 5m candles. The move has continued over several consecutive periods, market depth confirms it, and volume is clearly above normal.
24h trading volume is only a little over 20M, yet at this size, the nominal OI change ranks #32 across the entire pool—which suggests real money is flowing in. It's approaching historically extreme territory, so think carefully about your entry if you're chasing it.