$Lobster This 15m drop of 8.35%—but open interest isn’t falling; it’s actually increasing. In 1h, OI is directly up +19.29%. Price is down while OI is up: a typical structure of shorts adding leverage, not something that can be explained by longs simply closing.
Active trade volume is -12.5%, buy/sell ratio is 0.78, with sell pressure in control. Nominal changes across the whole pool rank at #18; the abnormal percentile at 48.8% isn’t extreme yet—indicating leverage is still being built, not at the point of a squeeze.
24h trading value is 746 million (RMB), liquidity is sufficient, but at this location, the cost-effectiveness of chasing shorts is declining. Price is already hugging the boundary of the recent range; if additional shorts keep stacking, the risk of a reverse squeeze is building.
I personally won’t open a new position here. I’ll wait for divergence signals between OI and price. If you’re holding, watch your stop loss—don’t get swept away by a needle-like spike.
Active trade volume is -12.5%, buy/sell ratio is 0.78, with sell pressure in control. Nominal changes across the whole pool rank at #18; the abnormal percentile at 48.8% isn’t extreme yet—indicating leverage is still being built, not at the point of a squeeze.
24h trading value is 746 million (RMB), liquidity is sufficient, but at this location, the cost-effectiveness of chasing shorts is declining. Price is already hugging the boundary of the recent range; if additional shorts keep stacking, the risk of a reverse squeeze is building.
I personally won’t open a new position here. I’ll wait for divergence signals between OI and price. If you’re holding, watch your stop loss—don’t get swept away by a needle-like spike.
