$WLD 15m Just after it was smashed out a bearish 1.07% candle, volume was 1.46x, with a Z-score of 2.02. The close broke below the lower edge of the recent 20-plus 5m K bars. Selling pressure dominated: passive/active difference was -18.7%, and the buy-sell ratio was 0.69. The longs are clearly being pressed down at this level.
Even more interesting is OI: 15m -0.19%, 1h -0.04%, with notional changes of -989K and -1.10M respectively. Price fell while OI dropped—this is a typical deleveraging, stop-loss triggering, or position reduction. It’s not new shorts rushing in to dump; it’s the longs themselves pulling back. The anomaly percentile is 87.1%, anomaly #21 for the whole pool, and notional-change rank #12. Depth confirmation shows it has broken below the lower edge of the recent range.
24h turnover is 300M, so the pool isn’t shallow. Under this kind of structure, I’m not in a hurry to guess the bottom. First, I’ll see whether the long side has fully liquidated after their stop-losses.
Even more interesting is OI: 15m -0.19%, 1h -0.04%, with notional changes of -989K and -1.10M respectively. Price fell while OI dropped—this is a typical deleveraging, stop-loss triggering, or position reduction. It’s not new shorts rushing in to dump; it’s the longs themselves pulling back. The anomaly percentile is 87.1%, anomaly #21 for the whole pool, and notional-change rank #12. Depth confirmation shows it has broken below the lower edge of the recent range.
24h turnover is 300M, so the pool isn’t shallow. Under this kind of structure, I’m not in a hurry to guess the bottom. First, I’ll see whether the long side has fully liquidated after their stop-losses.