$BR This drop—15m is down 1.33%. The price has just broken below the lower edge of the last 20 5m candles. Volume is 1.66x—direction looks bearish. Passive execution is poor: active trades are -19.4%, and the buy/sell ratio is 0.68. The sell-off isn’t just theatrics.
What’s interesting is the OI: in 1h, nominal -1.45M; in 15m, nominal -452K. But structurally, it looks more like newly added leveraged short exposure showing up as the price falls and OI rises—not long liquidation/covering. The percentile anomaly is 55.4%, pool #47, nominal change #19. Not extreme, but it is indeed in the front part of the pool.
In the last 24h, volume is 148M, and the order book depth is sufficient. The breakdown is there, the volume is there, and the sellers’ initiative is there too. Next, we’ll see whether it’s a real breakdown or just a wick—don’t rush to treat the lower edge of those 20 5m candles as support.
What’s interesting is the OI: in 1h, nominal -1.45M; in 15m, nominal -452K. But structurally, it looks more like newly added leveraged short exposure showing up as the price falls and OI rises—not long liquidation/covering. The percentile anomaly is 55.4%, pool #47, nominal change #19. Not extreme, but it is indeed in the front part of the pool.
In the last 24h, volume is 148M, and the order book depth is sufficient. The breakdown is there, the volume is there, and the sellers’ initiative is there too. Next, we’ll see whether it’s a real breakdown or just a wick—don’t rush to treat the lower edge of those 20 5m candles as support.