$OPENAI I could see this move clearly—price pierced the previous low with one bearish candle, four-hour chart shows six K-lines with five crashing downward. The rebound didn’t even catch a breath before it was pressed back down. This is called a trend, not just fluctuation. Even more brutal: the futures open interest is still shrinking. The longs weren’t blown out—they cut and ran on their own, faster than anyone. Over on the spot side, the buy wall is hanging pretty thick, yet the price still slips lower. What is that called? The hand that catches the falling blade isn’t even broken, but the blade has already come down. Don’t tell me this is an oversold rebound—when the trend is down, good liquidity is just a way of handing out chips to the bears.
