HEI is currently around 0.2. The big bearish candle from when it dropped from 0.545 a few days ago hasn’t been fully digested yet.

When I wrote last time it was 0.285—I said to keep injecting around 270 million. Now it’s down to 0.2, just take a look—net inflow of 170 million over three hours, and the twelve candlesticks are still all red. Not a single cent is going out.

The lower the price falls, the more money gets pushed in. Big-lot capital keeps continuously pouring in. Whale long positions surged by 40% in seven hours, and the number of accounts increased by more than 60%. This isn’t retail buying—it’s someone down there genuinely using real money to accumulate.

But open interest is down 5% from the peak, which means after someone pushed it up, they’re starting to reduce their positions. The long side is also a bit crowded. When this structure tightens, the price still keeps falling; the sell pressure hasn’t been fully digested.

So at this level, the key is not to guess the direction, but to wait for the price to show its stance. If 0.2 holds with volume staying up, the bottom structure will form. If it breaks, it means the capital can’t hold it, and we’ll have to look for the next bottom.

Don’t rush to chase—let the market pick the direction first.

#hei $HEI