JUP This one is kind of interesting.
In the 15m timeframe, it directly surged by 1.59%, with volume reaching 1.96x. The Z value is 3.04, and the price has just pushed up through the upper bound of the most recent 20 5m candles. More importantly, the OI: 15m +0.52%, 1h +0.33%. The notional changes are all still climbing, the percentile is at an abnormal 97.4%, and the whole pool ranks at #11.
This doesn’t look like just short covering. OI and price are rising together—more like new leveraged long positions are entering. Funding rate has also reached a high percentile recently, which suggests bullish sentiment is genuinely heating up.
However,主动成交差 (active order flow difference) is -5.2%, and the buy/sell ratio is 0.90. On the order book, sell pressure is still there. The price can be pushed up, but the active buy side hasn’t fully followed. So be careful here—whether it’s a real breakout or a bull trap depends on whether the subsequent volume/energy can keep up.
We’re approaching a historical extreme zone. It’s continued across multiple consecutive cycles, and depth has confirmed it too. In this kind of spot, it’s either acceleration—or the start of a single-direction move.
In the 15m timeframe, it directly surged by 1.59%, with volume reaching 1.96x. The Z value is 3.04, and the price has just pushed up through the upper bound of the most recent 20 5m candles. More importantly, the OI: 15m +0.52%, 1h +0.33%. The notional changes are all still climbing, the percentile is at an abnormal 97.4%, and the whole pool ranks at #11.
This doesn’t look like just short covering. OI and price are rising together—more like new leveraged long positions are entering. Funding rate has also reached a high percentile recently, which suggests bullish sentiment is genuinely heating up.
However,主动成交差 (active order flow difference) is -5.2%, and the buy/sell ratio is 0.90. On the order book, sell pressure is still there. The price can be pushed up, but the active buy side hasn’t fully followed. So be careful here—whether it’s a real breakout or a bull trap depends on whether the subsequent volume/energy can keep up.
We’re approaching a historical extreme zone. It’s continued across multiple consecutive cycles, and depth has confirmed it too. In this kind of spot, it’s either acceleration—or the start of a single-direction move.