$ZAMA 15m price falls, positions tighten, and short-term momentum continues to cool down.

Current positions: 10.69M, funding rate: +0.0058%; 15m price/position: -1.37% / -3.43%.

Both price and positions are moving lower, and short-term follow-through is decreasing.

Only after trading activity recovers and positions stop declining might the intraday structure be able to strengthen again.