$ACE This move down has some substance—one 15-minute candle drops it directly by 1.5%. Volume is up to 1.9x the usual level, and the closing price even smashed through the lower edge of the last nearly 20 five-minute K-lines. More importantly, OI didn’t increase; it actually decreased instead—contract notional fell by 220k U. This looks more like longs cutting losses and exiting rather than new shorts coming in to smash the market. The buy-sell ratio is 0.61, with clear active selling pressure suppressing things. If you have orders on hand, watch out for the liquidity trap here.