$HOME 👀 On the 15-minute chart it dropped another 1%. Volume was indeed up 1.6x, but it's clearly the shorts adding positions. OI rose slightly by less than 0.1%, yet the notional value of open positions is actually down by more than $50k, which suggests that after the price fell, some people got liquidated or others closed longs, and shorts used the opportunity to pick up and add.
Active trade imbalance is -24%, buy/sell ratio is 0.61—everything in the order book is consistently bearish. The price has already pierced through the lower bound of nearly 20 consecutive 5-minute K-lines; support in this area looks a bit flimsy in the short term. It ranks 18th in the pool’s abnormal list, which is a high-concentration warning—don’t rush to bottom-pick. #HOMEUSDT
Active trade imbalance is -24%, buy/sell ratio is 0.61—everything in the order book is consistently bearish. The price has already pierced through the lower bound of nearly 20 consecutive 5-minute K-lines; support in this area looks a bit flimsy in the short term. It ranks 18th in the pool’s abnormal list, which is a high-concentration warning—don’t rush to bottom-pick. #HOMEUSDT