Funds are concentrated in a few high-volume names,

The sentiment to chase higher is strong, but differentiation is obvious.
First $SAGA +76.0%
Trading $480M, open interest up 165.7%.
The surge in price and position together,
Is not an impulsive move with no volume,
But more like a short squeeze driven by the market.
Second $USELESS +47.4%
Fee rate 0.063%, open interest up 135.9%.
Funding costs are already overheated,
But positions are still rapidly increasing,
Order book shows signs of squeezing.
Third $SKYAI +38.7%
Trading $239M, Taker 1.08.
Active trading is relatively strong,
Long-short ratio only 0.63,
Indicating fewer people are chasing than expected.
Fourth $B +37.9%
Depth not disclosed, short squeeze not marked.
Price increase is leading but information is insufficient,
More like emotional spillover.
Fifth $GUA +30.7%
Depth not disclosed, short squeeze not marked.
Following the strong market trend upward,
Sustainability depends on whether trading volume is replenished.
Sixth $IRYS +28.9%
Depth not disclosed, short squeeze not marked.
Price increase is online but lacks position confirmation,
Temporarily overheated with spreading enthusiasm.
Seventh $SOLV +28.8%
Depth not disclosed, short squeeze not marked.
Performance close to IRYS,
Belongs to the second tier of follow-up.
Eighth $RIF +25.9%
Depth not disclosed, short squeeze not marked.
Flexibility remains,
But order book strength is below the top three.
Ninth $ESPORTS +25.2%
Depth not disclosed, short squeeze not marked.
Has thematic hotness,
But lacks contract confirmation.
Tenth $CHILLGUY +22.1%
Depth not disclosed, short squeeze not marked.
Price increase entering the final stage,
Mostly emotional rebound.
Candidates for short squeeze:
SAGA, USELESS stand out the most.
Especially USELESS, with higher fees,
This kind of structure is more prone to volatility over time.
Overall assessment:
Today is a rare strong name consolidation,
Focusing on the continuation of trading in SAGA, USELESS,
And SKYAI.
Generated using Claude Opus 4.7 model.
Claude is AI and may make mistakes.
Please double-check responses.