$ZEC This move has a little something interesting.
In 15m: it rallied 1.53%, volume came in at 1.59x, and the volatility Z is 2.68. The close directly broke through the upper band of the last ~20 consecutive 5m candles. The aggressive traded value is +22.8%, buy/sell ratio is 1.59. Someone really is sweeping upward—it's not just resting orders propping up the appearance.
More importantly: OI. The 15m contract is +0.38%; notional change is 13.23M; the percentile is abnormal at 98%. Abnormal rank: whole pool #5; notional change #3. Price is rising while OI is rising too—new leveraged longs are entering. Over the 1h timeframe, OI is almost unchanged (-0.02%), which suggests this push has just ignited, not an old position buildup from an hour ago.
It’s nearing its own historical extreme zone. 24h traded value is 2134M, and the order book depth has also confirmed it. I won’t chase the first candle at this spot. I’ll wait for a pullback to see the support/absorption: if it can hold, then it continues; if it can’t, then it’s just a single pin-type wick.
$ZEC
In 15m: it rallied 1.53%, volume came in at 1.59x, and the volatility Z is 2.68. The close directly broke through the upper band of the last ~20 consecutive 5m candles. The aggressive traded value is +22.8%, buy/sell ratio is 1.59. Someone really is sweeping upward—it's not just resting orders propping up the appearance.
More importantly: OI. The 15m contract is +0.38%; notional change is 13.23M; the percentile is abnormal at 98%. Abnormal rank: whole pool #5; notional change #3. Price is rising while OI is rising too—new leveraged longs are entering. Over the 1h timeframe, OI is almost unchanged (-0.02%), which suggests this push has just ignited, not an old position buildup from an hour ago.
It’s nearing its own historical extreme zone. 24h traded value is 2134M, and the order book depth has also confirmed it. I won’t chase the first candle at this spot. I’ll wait for a pullback to see the support/absorption: if it can hold, then it continues; if it can’t, then it’s just a single pin-type wick.
$ZEC
