About 6 hours ago, there were 3 contracts showing a morning bearish warning with high-level distribution. Currently, 0 have been paid out/settled, and 3 are still in a tug-of-war—there has been no one-sided downside confirmation.

Initial scan recap: the chips are dispersed.

RARE: Tension/tug-of-war. The morning bearish move has not yet fully broken down.
Price is actually up 1.35%, and open interest increased by 3.55%, indicating that there is still capital participating at higher levels.
The aggressive buy-sell order ratio fell from 1.03 to 0.95. Although the aggressive buy side has weakened, it is still not enough to confirm a pullback.

GRAM: Tension/tug-of-war. Price is slightly weaker, but the downside direction has not been sufficiently realized.
Price retraced by 1.10%, while trading volume decreased by 4.32%, suggesting momentum is cooling, but there is no clear increase in sell volume pressing down.
The aggressive buy-sell ratio fell from 0.89 to 0.87. Sellers still have the edge, but the change is limited.

PENGU: Tension/tug-of-war. Among the three, the signs of a pullback are relatively clearer, but it still can’t be considered a one-sided decline.
Price retraced by 1.52%, and open interest decreased by 2.70%, indicating that as price weakens, some positions are being withdrawn.
The aggressive buy-sell ratio fell from 1.24 to 0.89. Aggressive buyers have clearly pulled back, but confirmation is still needed.

Next, we should jointly watch whether price can continue to fall, and whether the weakening of aggressive buying is accompanied by an expansion in trading volume.
If RARE keeps pushing the price up, and if GRAM and PENGU see volume contract and stabilize, then the morning bearish logic needs to be re-evaluated. If price, open interest, and aggressive buying all weaken in sync, that would be further confirmation of this pullback.
#RARE #GRAM #PENGU

This content is generated with the assistance of Claude Fable 5 and is for informational reference only. Please verify independently.