$US This plunge is kind of interesting.
It dropped 2.79%, and the close directly punched through the lower edge of the past nearly 20 5m candles. Volume then spiked to 24 times the usual—this isn’t slow-boiling a frog in warm water; it’s someone smashing a hammer into the door.
More importantly, the panic sell-off has picked up something new: OI is rising in both cycles, but the notional value drops by more than 5.0 million U. Price is falling, and leveraged shorts are adding positions. This structure is more uncomfortable than just a straightforward sell-off. Sell orders with intent are pressing harder than buy orders—the net sell gap is 5.6%, the buy/sell ratio is 1.12—showing that the money chasing shorts is still pushing its way in.
Pool anomaly #17, notional change #10, and the alignment between volume and price is maxed out. For an event at this level, don’t rush to catch falling knives—first see when the longs can stabilize this lower break.
On the 15m timeframe, the shorts have already taken hold of the steering wheel.
It dropped 2.79%, and the close directly punched through the lower edge of the past nearly 20 5m candles. Volume then spiked to 24 times the usual—this isn’t slow-boiling a frog in warm water; it’s someone smashing a hammer into the door.
More importantly, the panic sell-off has picked up something new: OI is rising in both cycles, but the notional value drops by more than 5.0 million U. Price is falling, and leveraged shorts are adding positions. This structure is more uncomfortable than just a straightforward sell-off. Sell orders with intent are pressing harder than buy orders—the net sell gap is 5.6%, the buy/sell ratio is 1.12—showing that the money chasing shorts is still pushing its way in.
Pool anomaly #17, notional change #10, and the alignment between volume and price is maxed out. For an event at this level, don’t rush to catch falling knives—first see when the longs can stabilize this lower break.
On the 15m timeframe, the shorts have already taken hold of the steering wheel.