TUT Today it dropped nearly 40%, but the bulls haven’t run yet—that’s unusual.

Generally, after a sharp crash, the long/short ratio flips quickly, with shorts gaining the upper hand.
But now longs are still 52% and shorts 47%, with almost no signs of “capitulation-style exits.”

What’s even stranger is the funding rate: 0.005%, close to zero.
That means the cost of going long and going short is almost the same, with no clear directional betting.

Now look at the candlesticks: from the low of 0.0421 to the high of 0.0799, today’s high-low range is nearly 90%.
The volume exploded on the third candle at 357 million, more than twice the usual, and then gradually fell off.
The pattern is classic: the main players pump, retail chases in, then it’s quickly dumped back.

Now the price is around 0.0482—down about half from the high, but slightly above today’s low.
The bulls haven’t surrendered yet, but the volume is shrinking; whether it can stabilize next depends on how strong the bids are.

If you still have positions, this structure—“volume shrinking while the bulls haven’t weakened”—needs close attention.
It’s not a reversal signal; it’s more like “not decided yet how it will end.”

$TUT #多空僵持 #Abnormal signals after a 40% crash
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