One new entry in the pre-surge phase: BLESS.
24h: +6.3%; open interest: 6.86 million U; 30 days: +20%; funding rate neutral at 0.005%—positions are quietly building, and its chart shows a textbook early-stage pattern.
But a reality check is needed: it has already risen 69.5% in 180 days, just one step away from the “avoid after a 100% surge” threshold. The open-interest-to-trading-volume ratio is only 0.16, with trading volume six times open interest, indicating that turnover—not major players locking in positions—accounts for most of this rally.
In the same list, SHELL was just removed after its 24h change plunged from -6.2% to -19.4%—early-stage patterns can turn at any moment, and entries and exits from the list are themselves a risk warning.
Conclusion: Keep BLESS on the watchlist only; don’t chase the rally. Consider positioning only once the open-interest-to-trading-volume ratio climbs above 0.3.
24h: +6.3%; open interest: 6.86 million U; 30 days: +20%; funding rate neutral at 0.005%—positions are quietly building, and its chart shows a textbook early-stage pattern.
But a reality check is needed: it has already risen 69.5% in 180 days, just one step away from the “avoid after a 100% surge” threshold. The open-interest-to-trading-volume ratio is only 0.16, with trading volume six times open interest, indicating that turnover—not major players locking in positions—accounts for most of this rally.
In the same list, SHELL was just removed after its 24h change plunged from -6.2% to -19.4%—early-stage patterns can turn at any moment, and entries and exits from the list are themselves a risk warning.
Conclusion: Keep BLESS on the watchlist only; don’t chase the rally. Consider positioning only once the open-interest-to-trading-volume ratio climbs above 0.3.