BICO runs at 2.1x its own baseline while staying below the on-fire threshold

BICO's latest hourly window shows 43 transfers and $297.8K in volume, a clear step above normal but short of the level that would flag it as on fire.

The activity rate of 2.1x sets the current hour apart from BICO's own baseline, and the 43 transfers carrying $297.8K give that ratio its shape. What matters here is not the raw size but the gap between normal and now.

The threshold test still reads below, which means the elevation is real but not yet at the intensity the desk would classify as a regime break. The comparison is the story: attention has moved, but it has not escalated into the highest heat band.

BICO is running hotter than its own norm, yet the below-threshold reading keeps it in observation territory. The next hourly window will show whether this is persistence or a quick mean-reversion.