$FARTCOIN This spot is interesting.
In 15m, it surged 2.25%. Volume directly reached 3.12x. The closing price broke above the upper edge of about 20 consecutive 5m candles. The buy-sell ratio was 1.33, and aggressive volume versus passive was +14%. This suggests someone is actively pushing upward—not a case of passive上涨 caused by limit orders being eaten.
More importantly, look at OI. In 15m: +0.53%. In 1h: +1.08%. The combined notional change is close to 1.4M. The percentile is abnormal at 97.6%, ranking #5 in the entire pool for abnormality. Price rose alongside OI; new leveraged longs are entering, which is not the kind of fake lift from short covering. Also, OI continues across multiple consecutive intervals, and the funding rate has recently been at a high percentile too—this indicates long sentiment is already quite full.
In 24h, turnover is 73.86M, and the depth confirmation criteria have basically all passed. It’s nearing its own historical extreme zone, and the pool’s notional change ranks near the top.
This kind of structure is either (1) leverage-building early in the main impulse wave, or (2) the starting point of a squeeze after sentiment overheats. I lean toward staying bullish, but I won’t chase from this position anymore. When OI is too hot, a single pin can drop faster than the rise.
Watch when OI starts to diverge from price.
In 15m, it surged 2.25%. Volume directly reached 3.12x. The closing price broke above the upper edge of about 20 consecutive 5m candles. The buy-sell ratio was 1.33, and aggressive volume versus passive was +14%. This suggests someone is actively pushing upward—not a case of passive上涨 caused by limit orders being eaten.
More importantly, look at OI. In 15m: +0.53%. In 1h: +1.08%. The combined notional change is close to 1.4M. The percentile is abnormal at 97.6%, ranking #5 in the entire pool for abnormality. Price rose alongside OI; new leveraged longs are entering, which is not the kind of fake lift from short covering. Also, OI continues across multiple consecutive intervals, and the funding rate has recently been at a high percentile too—this indicates long sentiment is already quite full.
In 24h, turnover is 73.86M, and the depth confirmation criteria have basically all passed. It’s nearing its own historical extreme zone, and the pool’s notional change ranks near the top.
This kind of structure is either (1) leverage-building early in the main impulse wave, or (2) the starting point of a squeeze after sentiment overheats. I lean toward staying bullish, but I won’t chase from this position anymore. When OI is too hot, a single pin can drop faster than the rise.
Watch when OI starts to diverge from price.
