$FOLKS This 15m wave directly dropped 10.44%. Volume surged to 5.91x the average, Z value 4.04, but OI only fell 1.38%. Notional -1.28M. It looks more like longs de-leveraging than new shorts entering. OI on the 1h timeframe actually rose +3.74%, notional -322K. The abnormal percentile reached 100%, full pool #2. Passive trading spread difference -10.7%, buy/sell ratio 0.81, and the close broke below the lower edge of the recent 20 five-minute candles. The funding rate is still in a high percentile recently. At this level, it’s either a deep washout or a sign of an upcoming turning point—stay alert.