$BERA This price action feels a bit unsettling.
Price is falling, but OI is rising—1h contract open interest is up 0.98%, and the anomaly percentile has reached 87.7%, ranking #13 across the entire pool. This doesn't look like a drop caused by longs being liquidated; it looks more like someone is actively adding shorts at this level.
Over the past 15m, price just fell 1.49% on 1.53x volume, closing well below the lows of the previous 20 5m candles. The taker flow delta is -19.5%, and the buy/sell ratio is 0.67. The selling pressure is coming from actual market sells, not just intimidating sell orders on the books.
Anomaly levels are near the top of the entire pool, and the pattern has persisted across multiple timeframes. This kind of setup usually means the move isn't over yet. 24h trading volume is 27.42M, so liquidity isn't particularly deep. If the shorts keep pressing, slippage on the way down could get ugly.
First, watch whether price can quickly reclaim the lower boundary of this range. If it can't, this could be the start of a new leg down.
Price is falling, but OI is rising—1h contract open interest is up 0.98%, and the anomaly percentile has reached 87.7%, ranking #13 across the entire pool. This doesn't look like a drop caused by longs being liquidated; it looks more like someone is actively adding shorts at this level.
Over the past 15m, price just fell 1.49% on 1.53x volume, closing well below the lows of the previous 20 5m candles. The taker flow delta is -19.5%, and the buy/sell ratio is 0.67. The selling pressure is coming from actual market sells, not just intimidating sell orders on the books.
Anomaly levels are near the top of the entire pool, and the pattern has persisted across multiple timeframes. This kind of setup usually means the move isn't over yet. 24h trading volume is 27.42M, so liquidity isn't particularly deep. If the shorts keep pressing, slippage on the way down could get ugly.
First, watch whether price can quickly reclaim the lower boundary of this range. If it can't, this could be the start of a new leg down.