$USELESS This drop is a bit sudden.
On the 15m chart, it’s down 2.77% directly, with volume hitting 3.53x the normal level and a Z value of 2.61—this isn’t a typical pullback. The key point is that OI fell along with it: on 15m it’s -1.79%, on 1h it’s -1.32%, and nominal value shrank by almost 1.7 million U. Price is down and positions are reduced—this is classic long de-leveraging, with stop-loss orders exiting rather than new shorts piling in to slam the market.
Active trade underperformance is -14.2%, the buy/sell ratio is 0.75, and sell pressure is in control. The close has already broken below the lower bound of the most recent 5m range for about 20 bars. At this level, there wasn’t much defense to begin with.
OI abnormal percentile is 97%—it ranks #6 across the whole pool, and nominal change ranks #8. Usually this coin’s OI doesn’t swing this extremely; today it’s one of the most eye-catching in the pool.
24h turnover is 98.59M. Liquidity is still there, but the direction is quite clear. Next, we need to see whether this lower bound can be reclaimed; if it can’t, the de-leveraging may not be over yet.
On the 15m chart, it’s down 2.77% directly, with volume hitting 3.53x the normal level and a Z value of 2.61—this isn’t a typical pullback. The key point is that OI fell along with it: on 15m it’s -1.79%, on 1h it’s -1.32%, and nominal value shrank by almost 1.7 million U. Price is down and positions are reduced—this is classic long de-leveraging, with stop-loss orders exiting rather than new shorts piling in to slam the market.
Active trade underperformance is -14.2%, the buy/sell ratio is 0.75, and sell pressure is in control. The close has already broken below the lower bound of the most recent 5m range for about 20 bars. At this level, there wasn’t much defense to begin with.
OI abnormal percentile is 97%—it ranks #6 across the whole pool, and nominal change ranks #8. Usually this coin’s OI doesn’t swing this extremely; today it’s one of the most eye-catching in the pool.
24h turnover is 98.59M. Liquidity is still there, but the direction is quite clear. Next, we need to see whether this lower bound can be reclaimed; if it can’t, the de-leveraging may not be over yet.