$FIL ‌This wave has some interesting rhythm. At the 15-minute level, volume directly surged to 7x, with a volatility Z-score of 2.68, and the closing price broke through the upper range of nearly 20 candlesticks, a typical relative breakout structure. More critically, OI is rising simultaneously, with the 15-minute market order contract open interest increasing by 0.65%, and the 1-hour also still adding. This wave of long participation seems more like new leveraged capital pushing, not simply a short squeeze.

Active trading difference 18%, buy/sell ratio 1.44, directionality is very clear. Full pool anomaly percentile 94.4%, ranking 4th, also high on the nominal change list. The continued state over several cycles indicates that capital consensus is forming. 24-hour trading volume is close to 100 million USD. If the volume can hold at this level, the confidence in the breakout will be higher.

However, it should be noted that the price has touched the boundary of the recent range. There will certainly be a battle between short-term profit-taking and resistance. In the short term, watch for volume-price coordination after the breakout. If there is divergence in position data, be wary of a washout.