$VELVET This 15-minute line got hammered a bit—down -5.19%. Volume immediately surged to 8.6 times the usual level, and the volatility Z score hit 4.68. This isn’t a normal pullback—someone is taking a clear position with real money.
What’s interesting is that while price is falling, OI is rising (15m contracts +0.98%). That suggests this drop is driven more by newly added short positions pushing in, not by long-side panic selling and cutting.
The主动成交 direction also backs it up: the buy/sell ratio is 0.61, with sellers essentially pressing down.
The closing price has already broken below the lower edge of the box formed by the prior ~20 five-minute K-lines. If this level can’t hold, that earlier extreme range could be the next stop. Abnormal ranking in the whole pool #3, nominal change #16—market attention is fully on.
With $78.78 million in total trading value over the past 24 hours, liquidity isn’t an issue. The only question is which side you’re on.
What’s interesting is that while price is falling, OI is rising (15m contracts +0.98%). That suggests this drop is driven more by newly added short positions pushing in, not by long-side panic selling and cutting.
The主动成交 direction also backs it up: the buy/sell ratio is 0.61, with sellers essentially pressing down.
The closing price has already broken below the lower edge of the box formed by the prior ~20 five-minute K-lines. If this level can’t hold, that earlier extreme range could be the next stop. Abnormal ranking in the whole pool #3, nominal change #16—market attention is fully on.
With $78.78 million in total trading value over the past 24 hours, liquidity isn’t an issue. The only question is which side you’re on.
