$APR This sell-off is pretty brutal: 15m volume surged to 7.5x normal, and the price dropped straight below the lows of the last 20 5m candles. But here's the interesting part: OI fell instead of rising, contracting on both the 15m and 1h, with notional value down by around 300K U. This looks more like longs collectively exiting and getting stopped out, rather than new shorts piling in and driving the price down. Aggressive trade delta: -49.5%; buy/sell ratio: 0.34—it's all sell orders pounding the market. Notional change ranks #12 across the entire pool, while the OI anomaly percentile is 99.6%, ranking first overall. 24h trading volume is only 9.35M. With liquidity this thin, that’s a huge move. Don’t rush to buy the dip; wait for this round of deleveraging to play out first.