$HUMA This move is kind of interesting.
The price dropped 1.65%, and the trading volume immediately jumped to 5.32 times the usual level, but the OI didn’t really move—both the 15m and 1h only saw slight increases, while the notional change was actually negative. In plain terms: existing positions are fighting it out, and there isn’t much new money coming in.
Aggressive trading came in down 25.1%, the buy/sell ratio is 0.60—clearly the sellers are pushing. The close even fell below the lower bound of the past 20 5m candles, and the short-term structure is already broken.
But the OI percentile is at 98%, in the whole pool #3. At this spot, the leverage density is high—once the direction is picked wrong, the liquidation cascade will be pretty ugly.
My take: this isn’t really a trend start; it’s more like an emotional release within an extreme range. Don’t rush to enter—wait until the volume contracts first.
The price dropped 1.65%, and the trading volume immediately jumped to 5.32 times the usual level, but the OI didn’t really move—both the 15m and 1h only saw slight increases, while the notional change was actually negative. In plain terms: existing positions are fighting it out, and there isn’t much new money coming in.
Aggressive trading came in down 25.1%, the buy/sell ratio is 0.60—clearly the sellers are pushing. The close even fell below the lower bound of the past 20 5m candles, and the short-term structure is already broken.
But the OI percentile is at 98%, in the whole pool #3. At this spot, the leverage density is high—once the direction is picked wrong, the liquidation cascade will be pretty ugly.
My take: this isn’t really a trend start; it’s more like an emotional release within an extreme range. Don’t rush to enter—wait until the volume contracts first.