$Q This 15m candle plunged 9.58%, with volume at 1.77x. OI is down 2.5% over 15m, notional value has fallen by 4.93M, and 1h OI is also down 5.84%. Price and OI are both falling, which looks more like longs deleveraging than new shorts entering. The OI anomaly is at the 98.2nd percentile, ranked #3 across the full pool. Funding rates are still at a recent high percentile, so there were probably plenty of crowded longs beforehand. Aggressive trade imbalance is -5.5%, and the buy/sell ratio is 0.90, so selling pressure remains. 24h trading volume is 850M, and liquidity is sufficient, but don't rush to buy the dip here—wait for OI to stabilize first.