$TIA This 15m surge in volume is getting smashed downward. The成交量 (trading volume) immediately spiked to 2.95x, and the price has already broken below the lower edge of the past ~20 5m candles. Active/initiated trade gap is -21.6%, the buy-sell ratio is 0.65, and sell pressure is clearly strong.
But looking at OI, things get interesting. The 15m contract is down -0.62%, 1h is -1.13%, and the notional change is also relatively contained. Price is falling while OI is decreasing—this is a typical deleveraging move. It looks more like long liquidation/stop-losses or position reduction, not like fresh shorts are aggressively piling in.
The funding rate is still in a high percentile recently. OI anomaly percentile is 95.6%, the overall pool ranks 8th in anomalies, and this state has been continuing across multiple consecutive cycles. 24h成交额 is 53M—liquidity is there.
With this kind of structure, I personally don’t feel comfortable just catching a falling knife. During the leverage-clearing stage, there’s often a rebound, but it could also keep pushing lower. I’ll wait for OI to stabilize a bit, and only then decide to act after seeing whether active/initiated trading changes direction. $TIA
But looking at OI, things get interesting. The 15m contract is down -0.62%, 1h is -1.13%, and the notional change is also relatively contained. Price is falling while OI is decreasing—this is a typical deleveraging move. It looks more like long liquidation/stop-losses or position reduction, not like fresh shorts are aggressively piling in.
The funding rate is still in a high percentile recently. OI anomaly percentile is 95.6%, the overall pool ranks 8th in anomalies, and this state has been continuing across multiple consecutive cycles. 24h成交额 is 53M—liquidity is there.
With this kind of structure, I personally don’t feel comfortable just catching a falling knife. During the leverage-clearing stage, there’s often a rebound, but it could also keep pushing lower. I’ll wait for OI to stabilize a bit, and only then decide to act after seeing whether active/initiated trading changes direction. $TIA