$HEMI Price and open interest both weakened in this period, with intraday participation contracting.

15m price/OI: -1.64% / -2.64%; current open interest: 5.78M; funding rate: -0.1081%.

Price and open interest declined together, indicating that short-term participation is easing.

Next, watch whether price and open interest can stabilize; let trading volume provide short-term confirmation.