$PARTI Something feels a little off here.
The 15m price is down 0.98%, while volume suddenly jumped to 3.85x. OI is actually up 2.07% over 15m and 1.39% over 1h, building across both timeframes, with notional value also climbing. This doesn’t look like a short-term liquidation cascade; it looks more like someone adding shorts on the way down.
OI is at the 95.2nd percentile for abnormality, ranked #3 across the entire pool. The taker flow imbalance is -11.3%, the buy/sell ratio is 0.80, and order book support is also weak.
But honestly, with OI already at such an extreme level, I’m not too keen on chasing shorts here. I’ll sit this one out and wait for the market to show its hand.
The 15m price is down 0.98%, while volume suddenly jumped to 3.85x. OI is actually up 2.07% over 15m and 1.39% over 1h, building across both timeframes, with notional value also climbing. This doesn’t look like a short-term liquidation cascade; it looks more like someone adding shorts on the way down.
OI is at the 95.2nd percentile for abnormality, ranked #3 across the entire pool. The taker flow imbalance is -11.3%, the buy/sell ratio is 0.80, and order book support is also weak.
But honestly, with OI already at such an extreme level, I’m not too keen on chasing shorts here. I’ll sit this one out and wait for the market to show its hand.