$EVAA plunged 12 points in 15 minutes, with volume surging to nearly 5 times normal. The Z-score was 7.93, clearly not an ordinary fluctuation. OI fell 2.34% in an hour, with notional value shrinking by nearly 1.5 million USDT. Price down + open interest down is typical of longs being deleveraged and stopped out—not new shorts entering to drive the price down. The taker flow imbalance was -13.7%, and the buy/sell ratio was 0.76, indicating heavier selling pressure. It also closed below the lower bound of the last 20 five-minute candles. The anomaly percentile was 94%, ranking 9th across the entire pool. Don’t rush to buy the dip here; wait for volume to subside, then look for signs of a bottom.