New entry $IDOL , in the early stage of a surge: open interest 18.97 million U, up 116.9% over 30 days, down 5.6% today, funding rate 0.005%—rock-bottom.
Caution: It’s already up 117% in 30 days. By the hard-and-fast rule of “stay away after a surge of >100%,” it should be out, but the script let it in under a 200% ceiling. The gate and the classification criteria contradict each other, so don’t take the rankings at face value. If open interest doesn’t shrink during a pullback, that doesn’t necessarily mean positions are being opened—it could simply be trapped holders who haven’t sold.
$CAP has seen the sharpest rally, with open interest of 31.8 million U, the highest on the list. Its funding rate of 0.1006% is the most crowded in the market: longs are paying the big players, making the risk/reward of chasing the rally the worst.
Lying in wait isn’t the same as buying the dip.
Caution: It’s already up 117% in 30 days. By the hard-and-fast rule of “stay away after a surge of >100%,” it should be out, but the script let it in under a 200% ceiling. The gate and the classification criteria contradict each other, so don’t take the rankings at face value. If open interest doesn’t shrink during a pullback, that doesn’t necessarily mean positions are being opened—it could simply be trapped holders who haven’t sold.
$CAP has seen the sharpest rally, with open interest of 31.8 million U, the highest on the list. Its funding rate of 0.1006% is the most crowded in the market: longs are paying the big players, making the risk/reward of chasing the rally the worst.
Lying in wait isn’t the same as buying the dip.