$NIL this 15m candle is pretty brutal, -5.91%, volume instantly surged to 2.41x, and price closed outside the lower bound of the recent 20 5m range. Looking at OI makes it even clearer: 15m contracts -2.34%, notional -752K, and 1h is dropping too. This doesn’t look like fresh shorts hitting the market; it looks more like concentrated long deleveraging and stop-losses getting swept. Aggressive trade imbalance is -20.8%, buy/sell ratio 0.66, so the selling pressure is real. OI anomaly percentile is 97.4%, pool #2, continuing across several cycles — extreme is still extreme, but under this structure I wouldn’t rush to catch it; first I’d see whether the leverage washout is finished.