$Q ’s 15m candle is pretty brutal: volume surged to 3.46x normal, price fell 1.26%, and OI dropped in tandem by 2.26%, cutting nearly 950k U in notional value.
This isn’t just a straightforward sell-off—it looks more like longs triggering a cascade among themselves. OI is at the 99.6th percentile, ranking second among anomalies across the entire pool. Deleveraging has continued for several periods, and 1-hour OI is also down 1.47%.
Aggressive trade imbalance is -0.2% and the buy/sell ratio is 1.00, suggesting this isn’t a fierce short attack; longs are being forced out. With price moving like this near a historical extreme, first see whether it can hold—don’t rush to buy the dip.
This isn’t just a straightforward sell-off—it looks more like longs triggering a cascade among themselves. OI is at the 99.6th percentile, ranking second among anomalies across the entire pool. Deleveraging has continued for several periods, and 1-hour OI is also down 1.47%.
Aggressive trade imbalance is -0.2% and the buy/sell ratio is 1.00, suggesting this isn’t a fierce short attack; longs are being forced out. With price moving like this near a historical extreme, first see whether it can hold—don’t rush to buy the dip.