$ARK In the last 15 minutes, sell orders are 1.45 times the buy orders; the price has only moved 0.04%—no matter how hard you smash, you can’t push it down!

Current price: 0.2318. 1 hour ago: 0.2348. 24h high: 0.315, low: 0.1916. Down 26.07% in 24h. 24h trading volume: 165 million.
In the last 1 hour, the trading volume is only 0.37 times the 24h hourly average—shrinking volume. The buy/sell ratio is 0.858; over the last 15 minutes it’s 0.688—sellers are taking orders more urgently.
Position value: 6.437 million. Down 0.62% over 1 hour; as it moves downward, the position is being withdrawn—bulls are exiting rather than fresh shorts entering.
Funding rate: -0.3118%. On each round of settlement, shorts have to pay this amount to longs.

With shrinking volume and reducing positions while grinding downward, selling pressure is being relieved. It only counts as stabilizing when it reclaims 0.2348 from 1 hour ago. Break below the 24h low of 0.1916 and it’s over.

#ARK order book