$RUNE This move is pretty decisive—down 2.35% in just 15 minutes, and the close still fell below the lower bound of the recent 20 five-minute K-line range. Don’t just look at the percentage drop; the key is in the details—OI is falling, and nominal positions are shrinking too. This isn’t necessarily an add-on liquidation/hammer from shorts; it looks more like the longs themselves can’t hold on and are proactively de-leveraging.
Trading volume spiked to 6.79x, yet the aggressive selling pressure absolutely dominates (the buy/sell ratio is only 0.29). Coupled with OI’s abnormal percentile reaching 98.4%, and ranking third in the whole pool by abnormality, the dislocation on this screen is intense. New lows in price, shrinking positions—typical of a late-stage squeeze of stop-loss orders. But nobody can say for sure that it’s definitely the bottom yet.
The total pool is only a bit over $7 million in the last 24 hours—more like a “self-discipline” for a fringe product. The volatility Z-score is 6.7, and the direction is chosen very clearly, but the only question is how long this “clear” direction can last. Watch and wait—don’t rush to catch falling knives.
Trading volume spiked to 6.79x, yet the aggressive selling pressure absolutely dominates (the buy/sell ratio is only 0.29). Coupled with OI’s abnormal percentile reaching 98.4%, and ranking third in the whole pool by abnormality, the dislocation on this screen is intense. New lows in price, shrinking positions—typical of a late-stage squeeze of stop-loss orders. But nobody can say for sure that it’s definitely the bottom yet.
The total pool is only a bit over $7 million in the last 24 hours—more like a “self-discipline” for a fringe product. The volatility Z-score is 6.7, and the direction is chosen very clearly, but the only question is how long this “clear” direction can last. Watch and wait—don’t rush to catch falling knives.
