$CLANKER This 15m drop is pretty sharp—3.8% got smashed down, and the trading volume hit 46x. It’s obvious someone is running.
In the OI (open interest) for 15 minutes, it fell 3.22%, nominally -214K. On the one-hour dimension it’s still positive, but the order-book action looks more like longs cutting losses and de-leveraging, not new shorts entering.
The OI anomaly at the 98.8th percentile is the most extreme in the whole pool—continuing across several consecutive cycles. This kind of extreme structure is either the tail end of a washout or a sign before a breakdown. The funding rate is still elevated, and the signs that longs can’t hold up are getting more obvious.
With a buy/sell ratio of 0.70 and the volume this huge, don’t rush to jump in short-term. Wait until the OI stabilizes before deciding.
In the OI (open interest) for 15 minutes, it fell 3.22%, nominally -214K. On the one-hour dimension it’s still positive, but the order-book action looks more like longs cutting losses and de-leveraging, not new shorts entering.
The OI anomaly at the 98.8th percentile is the most extreme in the whole pool—continuing across several consecutive cycles. This kind of extreme structure is either the tail end of a washout or a sign before a breakdown. The funding rate is still elevated, and the signs that longs can’t hold up are getting more obvious.
With a buy/sell ratio of 0.70 and the volume this huge, don’t rush to jump in short-term. Wait until the OI stabilizes before deciding.
