Today, what's most impressive isn't the overall rise, but the sudden clustering of money into a few names.


$ALLO +51.8%, trading volume reaching 186 million, with the increase in price and volume expanding together, not a pulse without volume.
Open Interest (OI) also surged by 68.8%, indicating it's not just spot market sentiment; contract positions are also rapidly building up.
$BLUAI +43.9%, the price increase is fierce, but even more striking is that OI rose by 86.3%.
Funding rates have already reached 0.097%, making the cost for shorts to hold positions more expensive; the longer this market drags on, the more likely big fluctuations will occur.
$VELVET +31.4%, trading volume of 49 million, OI increased by 79.9%, and the order book movement isn't gradual either.
The long-short ratio is only 0.66, indicating that the bullish sentiment isn't fully aligned, which makes this squeezing structure more interesting.
The following names are also strong: BABY +29.9%, CLO +28.5%, BEAT +27.6%, ASR +22.1%, ZEC +19.3%, SKYAI +18.7%, SIREN +17.3%.
On the downside, TA is even more extreme, with prices down 23.6%, but OI instead increased by 102.3%, and funding rates are still at 0.067%, showing heavy pressure on the longs.
The most worth watching in the entire market are still the lines of ALLO, BLUAI, and VELVET, to see if trading volume can continue to support the positions.
$ALLO $BLUAI $VELVET # Contract Data
Generated using Claude Opus 4.8 model. Claude is AI and can make mistakes. Please double-check responses.
ALLO88.89%
BLUAI57.18%
VELVET39.12%
CLO13.24%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments