$JUP 15m Released 2.35x volume, yet the price actually fell 0.9%. The close directly broke through the lower edge of nearly 20 consecutive 5m bars.
What’s interesting is the OI: 15m -0.39%, 1h -0.24%—both ends are contracting in name. A sell-off on increased volume + reduced open interest isn’t fresh shorting; it’s longs getting squeezed out— the standard script: stop-losses, deleveraging, and forced position reduction. Active trading underperformed by -0.8%, buy/sell ratio 0.98. Selling pressure isn’t as vicious as you might imagine, but nobody is stepping in.
The abnormal percentile is 89.7%, 10th in the whole pool. Over several consecutive cycles it’s been continuing, which means this isn’t just a one-needle spike.
In the past 24h, turnover was 33.71M. The pool isn’t thick enough; with this kind of volume, it’s easy to knock the boundary loose and slide.
Once it breaks, it breaks—don’t rush to call it a fake move. Wait for OI to stop falling and for volume to come back, otherwise you’re just catching the knife.
What’s interesting is the OI: 15m -0.39%, 1h -0.24%—both ends are contracting in name. A sell-off on increased volume + reduced open interest isn’t fresh shorting; it’s longs getting squeezed out— the standard script: stop-losses, deleveraging, and forced position reduction. Active trading underperformed by -0.8%, buy/sell ratio 0.98. Selling pressure isn’t as vicious as you might imagine, but nobody is stepping in.
The abnormal percentile is 89.7%, 10th in the whole pool. Over several consecutive cycles it’s been continuing, which means this isn’t just a one-needle spike.
In the past 24h, turnover was 33.71M. The pool isn’t thick enough; with this kind of volume, it’s easy to knock the boundary loose and slide.
Once it breaks, it breaks—don’t rush to call it a fake move. Wait for OI to stop falling and for volume to come back, otherwise you’re just catching the knife.