$RUNE This 15m candle is pretty brutal. A -3.15% move isn’t too outrageous, but volume shot up to 4.5 times normal, with a Z-score of 5.17—this isn’t normal turnover. OI fell 3.7% over an hour and 2.59% on the 15m timeframe. Price down and open interest shrinking is typical of long deleveraging/stop-loss selling, not new shorts piling in. The close also broke below the lows of the last 20 or so 5m candles. It’s at the 98th percentile for abnormality and ranks 4th across the entire pool. The funding rate is still in a high recent percentile, so leveraged longs had been pretty crowded; now they’re starting to get liquidated. 24-hour trading volume is only 18.95 million, and depth is mediocre, so don’t rush to buy this dip.