$AEVO This dip is still grinding lower.
On the 15-minute chart, it continues to wear down—price drifts slightly lower. The key is that the contract open interest has started falling again: down 2% on the 15-minute timeframe and 3% on the 1-hour timeframe, with nominal positions also shrinking. This isn’t the kind of one-off liquidation of a big long; it’s more like longs are gradually主动ly withdrawing.
The anomalous percentile for the whole pool is at 92.7%, indicating the market is crowding out positions—it's not just AEVO. The share of主动 sell orders is close to 80%; when there’s nobody to take them, the price tends to weaken easily.
Over the past 24 hours, volume is only around 10 million USDT, meaning liquidity is thin. With this level of volume, even if you want to push price up, you can’t really move it.
Conclusion: the longs are running. Don’t rush to catch a falling knife—wait until open interest stabilizes before thinking about it.
On the 15-minute chart, it continues to wear down—price drifts slightly lower. The key is that the contract open interest has started falling again: down 2% on the 15-minute timeframe and 3% on the 1-hour timeframe, with nominal positions also shrinking. This isn’t the kind of one-off liquidation of a big long; it’s more like longs are gradually主动ly withdrawing.
The anomalous percentile for the whole pool is at 92.7%, indicating the market is crowding out positions—it's not just AEVO. The share of主动 sell orders is close to 80%; when there’s nobody to take them, the price tends to weaken easily.
Over the past 24 hours, volume is only around 10 million USDT, meaning liquidity is thin. With this level of volume, even if you want to push price up, you can’t really move it.
Conclusion: the longs are running. Don’t rush to catch a falling knife—wait until open interest stabilizes before thinking about it.