$BTW In one hour, it fell from 1.2523 to 0.985, down 21.34%. Open positions shrank to 114 million—this is longs bursting out the door, not new shorts pressing!
In the past 1 hour, active buying vs. selling is 1.08, and the trading value is 2.86 times the 24h hourly average. Volume rises while cutting positions, and stop-loss exits are the main driver. In the last 15 minutes it flipped back green by 1.08%, with buy/sell ratio at 1.057—there are buyers stepping in at lower levels. Funding rate +0.005%, and longs are still paying. Invalidation condition: price falls back to 0.9213 and open positions increase—this weaker read is void.
#BTW
In the past 1 hour, active buying vs. selling is 1.08, and the trading value is 2.86 times the 24h hourly average. Volume rises while cutting positions, and stop-loss exits are the main driver. In the last 15 minutes it flipped back green by 1.08%, with buy/sell ratio at 1.057—there are buyers stepping in at lower levels. Funding rate +0.005%, and longs are still paying. Invalidation condition: price falls back to 0.9213 and open positions increase—this weaker read is void.
#BTW
