$4 This drop is pretty interesting. In just 15 minutes, it fell -5.3%, trading volume surged to 2.3 times the normal level, and it also broke below the lower edge of the recent 20 five-minute K lines. 📉
Focus on the structure below: OI is falling, and notional contracts are shrinking too; -1.14M USDT just disappeared. This is not really aggressive short selling, but more like longs cutting losses and being forcibly de-leveraged. Active trading came in at -12.5%, the buy/sell ratio was 0.78, and the volume matched the direction, with a very obvious bias.
And this is not an isolated move — the OI anomaly percentile has already climbed to 97.6%, ranked
#7 in the entire pool, and has been extending for several consecutive periods. What does that mean? Someone inside is accelerating their retreat, and the position contraction is not a momentary impulse.
$4 has already touched the edge of its historical extreme zone. With both price and capital getting hit, if it still can’t hold up next, there may be another slide. Just keep an eye on it, and don’t rush to catch the falling knife — let the bullets fly a little longer. 🩸