2026-01-08 16:23:49

CLO shows a strong rebound in the short term, with a single-day increase of up to 41.08%, and the price surged to 0.7374 USDT. Accompanying this rise is a significant increase in trading volume, with 24-hour trading volume skyrocketing to $301.5 million, demonstrating a clear phenomenon of rising price and volume together.

However, a closer look at the holdings structure reveals some clues—futures open interest (OI) only increased slightly to 40.83 million, with a growth rate far below that of the price and trading volume. This mismatch hides key information: the current upward movement is not primarily driven by new large-scale long positions entering the market, but is more likely due to spot market chasing or large-scale short covering. Professional funds appear to be quite cautious on the futures side, and the massive trading volume may simply be a stage for profit-taking and short covering.

From a trading perspective, the key support levels are at 0.6521 and 0.5984. On the resistance side, the levels at 0.7850 and 0.8320 should not be ignored. The current price has approached the first resistance level; if one wants to participate in the breakout, they should wait for the price to stabilize above 0.7850, and OI should also show a significant increase as a confirmation signal. The risk of chasing high on the right side is relatively high, and the risk-reward ratio for positioning on the left side is also not ideal.

Regarding the CLO project itself, it is positioned in the Layer 1 blockchain track, with core competitiveness rooted in its built-in smart contract security auditing tools and cold staking mechanism design, aiming to establish a differentiated advantage in chain security and cross-chain interoperability.

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OptionWhisperer

· 01-11 14:41

Once again, it's the same old game of price-volume divergence, and the retail investors are just the bagholders. Daring to boast about a breakout without OI catching up? Wake up, everyone. A 41% increase sounds great, but it turns out to be short covering and profit-taking, with the main players not even entering the market. Wait until 0.7850 stabilizes before considering it; don't even try to touch it now. With so many Layer 1 public chains, why should CLO stand out? Just auditing tools and cold staking—are they trying to make a splash? This rebound smells like the last wild celebration before the meat grinder.

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GateUser-ccc36bc5

· 01-11 13:11

Price and volume are rising together but OI hasn't moved. This wave is mainly retail investors chasing highs and short covering, while professional funds are observing.

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MevShadowranger

· 01-11 07:34

It's the same old trick of mismatch between price and volume—just short sellers closing their positions. Don't be fooled by this 41%. Retail investors chasing highs will be doomed. Wait until open interest (OI) increases before acting. Looking at CLO, there's still some potential, but now isn't the right time to enter. I won't move before breaking above 0.7850.

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HodlOrRegret

· 01-09 14:07

Hmm... OI didn't keep up, this wave of increase feels a bit fake, seems like retail investors are chasing.

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MiningDisasterSurvivor

· 01-08 16:53

It's the same old story. When OI doesn't keep up with the price, they say it's short covering and profit-taking. I've been through this before; in 2018, they said the same thing. And what was the result? It still ended up crashing the market.

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SelfRugger

· 01-08 16:46

It's that old trick of "price and volume not matching" again. The big players have probably already left.

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MerkleTreeHugger

· 01-08 16:41

A 41% increase looks great, but the open interest hasn't kept up, which is ridiculous... It feels like retail investors are the ones taking the hit.

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RunWithRugs

· 01-08 16:40

The mismatch between price and volume is really something to watch out for; it feels like retail investors are just taking the bait. With OI so weak, you still dare to chase the high? The main players probably already ran away. Only a 41% increase? After deducting profit-taking and distribution, how many points are left? The Layer 1 track is so competitive, why is CLO standing out? Wait for OI confirmation before taking action; jumping in now just makes you the bag holder. This rebound feels fake and shaky, driven by short covering.

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GateUser-a606bf0c

· 01-08 16:35

Hmm... this rebound feels like retail investors chasing the high. The open interest (OI) hasn't caught up, indicating that big players are not buying in. By the way, the Layer1 project in this track is really competitive. Is there anything special about the cold staking mechanism? I don't dare to touch 0.7850 unless it stabilizes; the risk is too high. It feels like the short-covering positions are running, with volume and price rising together but OI not moving. This kind of market is really frustrating. Why does the name CLO sound so unfamiliar? Haven't heard about it before?

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SerumSquirrel

· 01-08 16:31

The pattern of price and volume mismatch is seen too often, and it's again retail investors taking the hit. Wait, with such weak open interest, it indicates that the main players are still on the sidelines. A 41% increase sounds great, but it's actually just a move to shake out the shorts. This wave might be hard to sustain; I’ll wait until it stabilizes at 0.785 before making any moves. The CLO project sounds promising, but given the current pace, it's a bit suspicious.

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