$CYS This dive was pretty decisive—within 15 minutes it went down -11.35%, and volume surged to more than twice its usual level. I took a look: the OI percentile has already reached 96.8%, but the price is moving lower and nominal positions are shrinking. This doesn’t look like a short squeeze; it looks more like newly added leveraged shorts are stepping in and getting caught in a stampede.
At the close, it smashed through the lower bound of nearly 20 five-minute candlesticks. The主动（主动）sell pressure differential is -12.8%, and the bid volume is only 77% of the sell volume. The way price and volume align is quite “textbook.” Honestly, this structure looks more like trend continuation than a reversal. People chasing shorts are plenty, but even if it drops to this level, you still need to watch out for a rebound.
It’s ranked 7th in abnormality across the entire pool, and 2nd in nominal change—suggesting it’s not just one person dumping; it’s the whole pool’s capital pulling out. In the past 24 hours, the total trading volume was $4.5 billion. Liquidity is still there, but willingness to take the other side is clearly lacking.
Anyway, I’m not in a rush. I’ll wait for the sentiment to flush out first, and then see whether there are any decent signs of stabilization. Entering now is basically handing fuel to the shorts. #CYS
At the close, it smashed through the lower bound of nearly 20 five-minute candlesticks. The主动（主动）sell pressure differential is -12.8%, and the bid volume is only 77% of the sell volume. The way price and volume align is quite “textbook.” Honestly, this structure looks more like trend continuation than a reversal. People chasing shorts are plenty, but even if it drops to this level, you still need to watch out for a rebound.
It’s ranked 7th in abnormality across the entire pool, and 2nd in nominal change—suggesting it’s not just one person dumping; it’s the whole pool’s capital pulling out. In the past 24 hours, the total trading volume was $4.5 billion. Liquidity is still there, but willingness to take the other side is clearly lacking.
Anyway, I’m not in a rush. I’ll wait for the sentiment to flush out first, and then see whether there are any decent signs of stabilization. Entering now is basically handing fuel to the shorts. #CYS