$BR This move is a bit brutal.
In 15m, it directly drops 4 points. Volume surges to 8.79 times the normal level, with a Z value of 5.76. This isn’t normal fluctuation—someone is really putting real money into action. The close breaks below the lower edge of the past 20 5m candles. Once a range boundary is broken, it’s broken.
But what’s interesting is that OI is falling. In 15m, OI is down 0.86%, nominally down by 2.25M. In 1h as well, it’s shrinking too. This suggests it’s not new short sellers crazily opening positions to smash the market; it’s more like longs are de-leveraging themselves, getting liquidated, and reducing exposure. Active trade imbalance is -16.8%, buy/sell ratio is 1.41—yet the side that’s tilted toward buyers is actually getting hit.
The abnormal percentile is 97.6%, the entire pool is #2, and nominal change is #5. In terms of data, this is indeed an extreme value, close to the edge of the historical range.
In the last 24h, turnover is 185M, and liquidity is sufficient—so this drop isn’t a slow fade caused by nobody catching it; there’s volume smashing it down. During the phase where longs de-leverage, don’t rush to pick the bottom. Wait until OI stabilizes before considering it.
In 15m, it directly drops 4 points. Volume surges to 8.79 times the normal level, with a Z value of 5.76. This isn’t normal fluctuation—someone is really putting real money into action. The close breaks below the lower edge of the past 20 5m candles. Once a range boundary is broken, it’s broken.
But what’s interesting is that OI is falling. In 15m, OI is down 0.86%, nominally down by 2.25M. In 1h as well, it’s shrinking too. This suggests it’s not new short sellers crazily opening positions to smash the market; it’s more like longs are de-leveraging themselves, getting liquidated, and reducing exposure. Active trade imbalance is -16.8%, buy/sell ratio is 1.41—yet the side that’s tilted toward buyers is actually getting hit.
The abnormal percentile is 97.6%, the entire pool is #2, and nominal change is #5. In terms of data, this is indeed an extreme value, close to the edge of the historical range.
In the last 24h, turnover is 185M, and liquidity is sufficient—so this drop isn’t a slow fade caused by nobody catching it; there’s volume smashing it down. During the phase where longs de-leverage, don’t rush to pick the bottom. Wait until OI stabilizes before considering it.
