$APT positions fell in sync as prices pulled back, and intraday participation is weakening.

24h change +6.32%, 15m price/position -1.26% / -1.80%, funding rate +0.0100%.

The contraction in positions has not stopped the price pullback, and the current structure is still cooling down.

Before trading activity recovers, the dual decline in price and positions should still be treated as a cooling phase.