$TRUMP This drop is pretty interesting—the price is falling, and OI is falling too, a classic deleveraging move. It’s not fresh shorts piling in; longs are reducing their positions. 15m volume shot up to 4x, the aggressive trade delta was -38.3%, and the buy/sell ratio was 0.45, making the selling intent very clear. Price has already broken below the low of the last ~20 5m candles. OI’s anomaly percentile is 98.6%, ranking 3rd across the entire pool—readings this extreme don’t happen often. 24h trading volume is around 76M, and overall market depth is still fairly healthy.
The question now is whether buyers will step in after the deleveraging, or whether the sell-off will continue. Let’s watch for now; no need to rush into a trade.
The question now is whether buyers will step in after the deleveraging, or whether the sell-off will continue. Let’s watch for now; no need to rush into a trade.
