$DUSK took a pretty hard hit this time: down 3.89% in 15m, with volume reaching 1.94x and a Z-score of 3.48—not a minor move.
The key point is that OI fell alongside it—down 1.65% in 15m and 1.58% in 1h, with notional exposure shrinking in both cases. Price down + open interest down looks more like longs deleveraging or exiting via stop-losses, rather than fresh shorts pushing the price lower. The aggressive trade imbalance was -14.2%, and the buy/sell ratio was 0.75, indicating more active selling pressure.
On the chart, the close has already broken below the lower bound of the recent 20-candle 5m range, so it’s testing the boundary. The OI anomaly percentile is 94%, ranked #2 across the entire pool, and it has persisted for several consecutive periods—this level is worth keeping an eye on.
24h trading volume is 27.82M, and liquidity is decent. First, watch to see whether this wave of deleveraging can stabilize; don’t rush to buy the dip.
The key point is that OI fell alongside it—down 1.65% in 15m and 1.58% in 1h, with notional exposure shrinking in both cases. Price down + open interest down looks more like longs deleveraging or exiting via stop-losses, rather than fresh shorts pushing the price lower. The aggressive trade imbalance was -14.2%, and the buy/sell ratio was 0.75, indicating more active selling pressure.
On the chart, the close has already broken below the lower bound of the recent 20-candle 5m range, so it’s testing the boundary. The OI anomaly percentile is 94%, ranked #2 across the entire pool, and it has persisted for several consecutive periods—this level is worth keeping an eye on.
24h trading volume is 27.82M, and liquidity is decent. First, watch to see whether this wave of deleveraging can stabilize; don’t rush to buy the dip.