$POWER The weirdest part of this wave isn't the 39% increase, but that the bulls are already squeezed this tight, and positions are still continuing to push in.

The previous abnormal signals were the funding rate, open interest (OI), and retail long positions all lighting up together.
Now, the review results are very straightforward: the price has risen from 0.07001 to 0.09977, almost closing near the 24-hour high, and the signals haven't faded, but instead have entered the second half.
What’s truly eye-catching is the open interest.
$POWER Currently, open positions amount to $6.6 million, a 80.1% surge in 24 hours, and in the last hour, it’s still increasing by 10.1%.
This is not the slow profit-taking pattern of old positions exiting gradually, but more like new positions rushing in after seeing the gains on the leaderboard.
But the order book is also starting to get crowded.
Funding rate +0.0598%, and it has been paying longs for 8 consecutive periods.
Retail long-short ratio is 1.94, with 66% in longs, indicating the market is no longer overly short.
Interestingly, the large traders’ long-short ratio is only 1.08, not as excited as retail traders, which hints at some audit-like behavior here.
The key levels for the second half are very clear.
If the price can continue to hold around 0.09977, chasing the high could push both short and hesitant positions to the limit.
If it falls back below 0.09 and open interest doesn’t decrease, it’s not healthy turnover, but rather the bulls at high levels starting to step on each other.
The most feared phrase in this structure is: the faster it rises, the more crowded the market gets—who will take the next step?
$POWER #Contract Anomalies
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