$AERO is an interesting spot.
15m volume surged to 1.88x, yet the price fell only 0.69%, closing below the lower bound of the last 20 5m candles. The aggressive trade imbalance was -55.6%, with a buy/sell ratio of 0.29—selling pressure is real, but the price drop hasn’t kept pace with the volume.
More importantly, OI: down 0.32% over 15m and 0.43% over 1h, with notional shrinking by nearly 1 million U. Price down + OI down: this isn’t new shorts entering; it’s leveraged longs pulling out, either stopping out or getting liquidated.
The OI anomaly percentile is 93.5%, ranking 6th across the entire pool. AERO is already near the extreme end of its historical range, and once deleveraging at a level like this is over, the rebound is usually substantial.
The question now is: how much longer will the longs be squeezed? Don’t rush in—wait for OI to stabilize first.
15m volume surged to 1.88x, yet the price fell only 0.69%, closing below the lower bound of the last 20 5m candles. The aggressive trade imbalance was -55.6%, with a buy/sell ratio of 0.29—selling pressure is real, but the price drop hasn’t kept pace with the volume.
More importantly, OI: down 0.32% over 15m and 0.43% over 1h, with notional shrinking by nearly 1 million U. Price down + OI down: this isn’t new shorts entering; it’s leveraged longs pulling out, either stopping out or getting liquidated.
The OI anomaly percentile is 93.5%, ranking 6th across the entire pool. AERO is already near the extreme end of its historical range, and once deleveraging at a level like this is over, the rebound is usually substantial.
The question now is: how much longer will the longs be squeezed? Don’t rush in—wait for OI to stabilize first.