LA This short-term burst in volume and breakdown is interesting—the rhythm is quite something.

In 15 minutes, it dropped 0.76%, while the turnover suddenly spiked to 5.7 times the average. The ratio of sell orders placed actively is maxed out, and the bid side is basically in a standstill. Even more noteworthy: while the price is making new lows, the OI is still rising. This pattern looks more like newly added shorts entering aggressively on the momentum, rather than a simple profit-taking exit— the leverage direction is very clear.

On the 5-minute timeframe, it has already fallen below the lower boundary of the 20-K range, and it’s also hovering near historical extreme price levels. It’s ranked No. 2 among abnormal pools overall. This means the combination of “volume expansion + breakdown + synchronized growth in positions,” is an especially prominent signal across the entire market.

For the shorts, the logic right now is smooth. But with this combination of percentile level + deviation, once the shorts start covering, the rebound momentum is often also very fast. Whether the 15-minute close can hold and stay below the lower boundary is the key point to watch.

#LA