$牛来 This 15m selloff is kind of interesting.
The price is down 1.64%, and the volume expands to 1.7x. It directly breaks below the lower edge of the past ~20 5m candles. But looking at OI—both 15m and 1h OI are falling, and the nominal has run off by nearly 1.5 million U. This isn’t fresh shorting entering; it feels more like longs are de-leveraging on their own, and stop-losses get swept.
Passive trade gap is -30.9%, buy/sell ratio is 0.53, and sell pressure is clearly dominant. However, the OI abnormal percentile hits 85.9%, the whole pool abnormal is #12, and nominal change is #14—at this spot, it doesn’t look like a quiet, orderly decline.
In the last 24h, turnover is 73M, and the depth confirms that volume is higher than usual.
My take: this is a position-contraction type of drop, not a trend-driven wave of short entries. But since the lower bound of the range breaks, in the short term we have to see whether price can quickly reclaim it. If it can’t, the next level won’t look as good.
The price is down 1.64%, and the volume expands to 1.7x. It directly breaks below the lower edge of the past ~20 5m candles. But looking at OI—both 15m and 1h OI are falling, and the nominal has run off by nearly 1.5 million U. This isn’t fresh shorting entering; it feels more like longs are de-leveraging on their own, and stop-losses get swept.
Passive trade gap is -30.9%, buy/sell ratio is 0.53, and sell pressure is clearly dominant. However, the OI abnormal percentile hits 85.9%, the whole pool abnormal is #12, and nominal change is #14—at this spot, it doesn’t look like a quiet, orderly decline.
In the last 24h, turnover is 73M, and the depth confirms that volume is higher than usual.
My take: this is a position-contraction type of drop, not a trend-driven wave of short entries. But since the lower bound of the range breaks, in the short term we have to see whether price can quickly reclaim it. If it can’t, the next level won’t look as good.