Prices have been steadily sliding, yet open interest has surged against the trend—a divergence I know all too well. The big players are quietly building positions. Retail traders see the K-line and panic, while large accounts have nearly 80% of their positions on the long side. The number of accounts kept climbing over those seven hours, and aggressive buying outweighed selling. The weakness is just for show; positions are changing hands, but the direction hasn’t changed at all.