$ALLO Prices are almost doubling, but the most eye-catching thing in the order book is that retail investors are afraid to buy more!

The A side is very hot, with a 24-hour increase of 106.9%, rising from 0.20734 all the way up to a high of 0.47709, and the current price is still hovering around 0.45155.
Trading volume is 878.4 million, which in small coin contracts is like a crowd pushing in, with the order book so hot it’s as if everyone is rushing through the same door at once.
The technical indicators are also very strong, with Supertrend still UP, MACD positive, OBV showing capital inflow, and RSI already hitting 86.5 in the overbought zone.
The B side is even more interesting, with open interest skyrocketing by 172.6% in one day, directly piling up to 41.7 million.
This isn’t just a simple spot rally, but new positions are crazily pouring into the contracts, as if the back-row funds are afraid of missing the last train.
But the 1-hour open interest actually decreased slightly by 1.2%, indicating that some traders are starting to let go at high levels, and not all positions are willing to keep holding firm.
The biggest contrast is in the long-short structure.
The total account long-short ratio is only 0.52, with retail longs accounting for just 34%, meaning most people either don’t believe or are afraid to chase.
However, the top accounts have a long-short ratio of 1.19, indicating that larger accounts are actually less short, and the order book looks like retail traders are doubting, while core funds are holding their positions.
Funding rates are only 0.005%, with two consecutive long-paying periods, and despite the price soaring, the rate hasn’t become exaggerated to the point of losing control, which makes the short squeeze story less straightforward.
The real focus isn’t on how much the price has risen, but whether this 172.6% increase in open interest is just fuel for a relay or a high-level explosive.
If the price continues to stay near the high levels, shorts will become increasingly uncomfortable.
If it drops back to the mid-line around 0.3476, these new positions will turn from boosters into triggers for a crash.
$ALLO This is no longer an ordinary pump; it’s a pressure cooker built from emotions, positions, and retail divergence.
In this structure, the biggest fear isn’t large volatility, but volatility that suddenly accelerates.
$ALLO #Contract Anomalies
Generated using Claude Opus 4.8 model. Claude is AI and may make mistakes. Please double-check responses.