$MUBARAK This move at 15m is kind of interesting.
Down 2.47% isn’t huge, but the trading volume directly hits 2.44x, and the buy-to-sell ratio from aggressive orders is 0.54—sell pressure is clearly one-sided. The key is that OI is still rising: 1h +0.84%. Price is falling while open interest increases, which is a classic pattern of leveraged shorts adding positions—not just a simple spot sell-off.
Just broke below the lower bound of the recent ~20 5m candles. The nominal change is across the whole pool #28, and the abnormal percentile is 67%. It’s not extreme, but it’s noticeable. In the past 24h, turnover is 149 million, and liquidity depth is there—once this kind of setup accelerates, it can trigger a chain reaction.
I have no position; I’m just watching. But once this structure forms, don’t rush to bottom-fish—first see whether the short side is willing to cover.
Down 2.47% isn’t huge, but the trading volume directly hits 2.44x, and the buy-to-sell ratio from aggressive orders is 0.54—sell pressure is clearly one-sided. The key is that OI is still rising: 1h +0.84%. Price is falling while open interest increases, which is a classic pattern of leveraged shorts adding positions—not just a simple spot sell-off.
Just broke below the lower bound of the recent ~20 5m candles. The nominal change is across the whole pool #28, and the abnormal percentile is 67%. It’s not extreme, but it’s noticeable. In the past 24h, turnover is 149 million, and liquidity depth is there—once this kind of setup accelerates, it can trigger a chain reaction.
I have no position; I’m just watching. But once this structure forms, don’t rush to bottom-fish—first see whether the short side is willing to cover.
