The data for $USELESS is starting to get interesting.
At 10:00 on October 13 (+0800), a derivatives-structure anomaly was recorded, triggered by OI declining for 3×2H — in other words, open interest has decreased for three consecutive two-hour windows. The current observation level is 0.16968.
For more context, here are the broader figures: OI is down 2.6% over the past 2 hours and 4.8% over the past 6 hours, while the price change over the same 6-hour period is -6.1%. The 2-hour volume ratio is 3.4. The 6-hour OI Flow is -687172.12 USD. With positions continuing to exit as the price retreats, while volume expands, this combination usually suggests that capital is leaving the market in a concentrated move, rather than the market simply moving sideways on lower volume.
One other point worth noting: strong_oi_flow is false. No condition of 3 consecutive 2H OI Flow periods was recorded, so this appears more like a structural contraction in open interest that was detected, rather than a strong signal at the capital-flow level.
A consecutive decline in OI is just a record in itself; it does not indicate what comes next. What’s really worth watching is whether this decline continues, and whether the price can hold its current range after volume expands.
$USELESS #BinanceSquare #Crypto
📌 Verifiable record
Type: OI decline for 3×2H
Record time: 2026-10-13 10:00 +0800
Recorded level: 0.16968
Price 6H: -6.1%
OI 2H: -2.6%
OI 6H: -4.8%
OI Flow 6H: -687172.12
Vol 2H: 3.4x
Full anomaly data: perppulse.xyz
At 10:00 on October 13 (+0800), a derivatives-structure anomaly was recorded, triggered by OI declining for 3×2H — in other words, open interest has decreased for three consecutive two-hour windows. The current observation level is 0.16968.
For more context, here are the broader figures: OI is down 2.6% over the past 2 hours and 4.8% over the past 6 hours, while the price change over the same 6-hour period is -6.1%. The 2-hour volume ratio is 3.4. The 6-hour OI Flow is -687172.12 USD. With positions continuing to exit as the price retreats, while volume expands, this combination usually suggests that capital is leaving the market in a concentrated move, rather than the market simply moving sideways on lower volume.
One other point worth noting: strong_oi_flow is false. No condition of 3 consecutive 2H OI Flow periods was recorded, so this appears more like a structural contraction in open interest that was detected, rather than a strong signal at the capital-flow level.
A consecutive decline in OI is just a record in itself; it does not indicate what comes next. What’s really worth watching is whether this decline continues, and whether the price can hold its current range after volume expands.
$USELESS #BinanceSquare #Crypto
📌 Verifiable record
Type: OI decline for 3×2H
Record time: 2026-10-13 10:00 +0800
Recorded level: 0.16968
Price 6H: -6.1%
OI 2H: -2.6%
OI 6H: -4.8%
OI Flow 6H: -687172.12
Vol 2H: 3.4x
Full anomaly data: perppulse.xyz