🔻 $B2 · 30m Price -8.1%｜Open Interest -7.5%
Current price: $0.4978（⭐ Alpha+ contract）
📊 Market Data
• Open interest/market cap: 9.55M / 33.53M（control level 28%）
• Funding rate: +0.033%
• Long/short structure: Retail 1.38→1.49｜Large traders 2.23
• Market maker activity: 5m CVD continued net selling (-190k)
🗂 Market Maker Cycle（Newly recorded · 📤 Distribution topping）
• Distribution baseline: approx. $0.4978（cycle peak open interest 10.2M）
• Previous reversal: 11/09 $0.4454 Long position peaked at +21.4%, then take profit → cycle flipped from long to short
🧠 Signal: 🔴 Short on distribution（long-to-short flip） ★★★☆☆
After a sharp rally away from the market maker's cost zone, retail traders chased longs at the highs and provided exit liquidity. The CVD showed continuous covert selling, and the market maker officially distributed at the highs, flipping from long to short.
Current price: $0.4978（⭐ Alpha+ contract）
📊 Market Data
• Open interest/market cap: 9.55M / 33.53M（control level 28%）
• Funding rate: +0.033%
• Long/short structure: Retail 1.38→1.49｜Large traders 2.23
• Market maker activity: 5m CVD continued net selling (-190k)
🗂 Market Maker Cycle（Newly recorded · 📤 Distribution topping）
• Distribution baseline: approx. $0.4978（cycle peak open interest 10.2M）
• Previous reversal: 11/09 $0.4454 Long position peaked at +21.4%, then take profit → cycle flipped from long to short
🧠 Signal: 🔴 Short on distribution（long-to-short flip） ★★★☆☆
After a sharp rally away from the market maker's cost zone, retail traders chased longs at the highs and provided exit liquidity. The CVD showed continuous covert selling, and the market maker officially distributed at the highs, flipping from long to short.
