$VVV This rally has something behind it—the price is up +1.04%, which isn’t huge, but OI is rising in sync on both the 15m and 1h timeframes. New leveraged longs are coming in; this isn’t just empty short covering. Volume is 3.83x, the taker buy/sell ratio is 3.02, and the OI anomaly percentile is 98%, ranking first across the whole market. Several indicators are flashing at once, so this feels different. Price has broken above the highs of the last 20 5m candles, and the funding rate has also climbed to a recent high percentile.
With only 12M in 24h volume, it’s a small market, and its nominal OI change ranks 24th across the market. The money isn’t huge, but it’s highly concentrated. Extreme readings plus sustained strength across multiple timeframes—I’ll be keeping an eye on it. Whether it can hold above this level is key. Whether to chase is another question; for now, I’m just making a note of it.
With only 12M in 24h volume, it’s a small market, and its nominal OI change ranks 24th across the market. The money isn’t huge, but it’s highly concentrated. Extreme readings plus sustained strength across multiple timeframes—I’ll be keeping an eye on it. Whether it can hold above this level is key. Whether to chase is another question; for now, I’m just making a note of it.