This wave $SOL ‌ looks quite interesting. It rose 0.56% in 15 minutes, trading volume reached 5.35x, and OI started to climb as well. Positions are increasing on both the 15-minute and 1-hour charts, and the nominal change directly ranks 3rd in the entire pool. 😤


Liquidations are also relatively clear. On the 5-minute chart, the futures liquidation agent has 1M on the buy side, which is obviously more concentrated. The main capital seems to be pushing with some leverage. The active trade difference is 14.8%, and the buy/sell ratio is 1.35. This is not the kind of fake rally where retail investors chase highs.
But note, the OI anomaly percentile is 79.2%, which is not extreme but close to a high level. There aren't many large shorts being liquidated; it seems more like new long positions are entering. The pace is not too rushed, but it's definitely not the retail investor style of play.
Volume near the boundary line, active buy orders are relatively strong, and OI continues to increase. These signals can be monitored in the short term. Don't blindly chase, but don't easily short either.
SOL4.28%
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