$HOT Something’s not quite right here. The price is up just 1.4% in 15 minutes, but OI surged 16% in an hour, adding over 1M in notional value. The anomaly percentile is 99.6%—the highest across the entire pool. Volume has also ballooned to 40x. This isn’t something retail traders can pull off; it looks more like someone repeatedly adding leveraged longs at this level. But the net aggressive trade flow is negative, and the buy/sell ratio is 0.94—the price has been pushed up, but buyers aren’t really willing to chase it. Rising prices, surging OI, and continued aggressive selling pressure—that’s a tightly stretched structure. Either the short squeeze continues, or the leverage snaps first. Keep an eye on it; don’t rush in.