$ACT This drop stings a bit: down 2.48% in 15m, with volume up to 2.85× and clear dominance from aggressive sellers (buy/sell ratio 0.64). The key is that OI fell along with it—1h contracts down 1.15%, with notional value dropping by 262K. This looks more like longs buckling under pressure, deleveraging and stopping out, rather than new shorts piling in aggressively. Price just broke below the lows of the past 20 5m candles; the anomaly percentile is 87%, ranking #18 across the entire pool. Short-term sentiment has definitely taken a hit.
Let’s see if it can stabilize on lower volume—don’t rush to catch a falling knife.
Let’s see if it can stabilize on lower volume—don’t rush to catch a falling knife.