ENA, by contrast, is today's standout mover:

It's up 12.04 percent on the day and saw a surge in open interest, up 22.49 percent in 24 hours. Funding is positive but not excessive at 1.53 percent annualized, so this is momentum, not overcrowding. The risk is whipsaws for late chasers if the move stalls; if 0.165 dollars holds, bulls stay in control.