$PORTAL This wave smashed 21% in just 15 minutes; volume skyrocketed to 14.8 times the usual. OI also got cut by 12%—clearly a chain of stop-losses massacring the longs, not simply a straightforward sell-off for distribution. With aggressive selling pressure in the lead, the buy/sell ratio is 0.86, and short-term rebound/acceptance still looks weak. This extreme combination of high volume and deleveraging could be either the final panic-driven capitulation at a bottom, or the start of a trend breakdown. Don’t rush to pick it up—wait for the 15-minute structure to stabilize first.