$RED This 15m move directly smashed down 5.73%. Volume reached 7.61x, volatility Z 9.22. This kind of action isn’t a normal shakeout—someone is really running it.
The close broke below the lower edge of the recent 20x 5m range. Active trading volume is down -39.9%, and the buy/sell ratio is 0.43. Selling pressure is pinning down the bids.
OI is -1.24% on 15m and -0.58% on 1h. Price is down while OI is also falling—typical deleveraging. Either longs get stopped out in a panic or actively shrink their positions.
The abnormal percentile for OI is 98.8%. The abnormal ranking in the whole pool is #2, and it’s been thoroughly confirmed—the volume and price boundaries are both in place.
In 24h, total traded value is only 9.46M, and the pool isn’t deep. With volume at this level, the slippage is likely going to look ugly.
Near the extreme range, first see whether it can reclaim. If it can’t reclaim, below there is basically vacuum. Don’t rush to pick it up.
The close broke below the lower edge of the recent 20x 5m range. Active trading volume is down -39.9%, and the buy/sell ratio is 0.43. Selling pressure is pinning down the bids.
OI is -1.24% on 15m and -0.58% on 1h. Price is down while OI is also falling—typical deleveraging. Either longs get stopped out in a panic or actively shrink their positions.
The abnormal percentile for OI is 98.8%. The abnormal ranking in the whole pool is #2, and it’s been thoroughly confirmed—the volume and price boundaries are both in place.
In 24h, total traded value is only 9.46M, and the pool isn’t deep. With volume at this level, the slippage is likely going to look ugly.
Near the extreme range, first see whether it can reclaim. If it can’t reclaim, below there is basically vacuum. Don’t rush to pick it up.