$HOME This drop is a bit brutal—on the 15m chart it’s directly -2.59%. The trading volume has hit 2.08x, with a Z value of 3.02, which indicates a volume-backed sell-off. The key point is that OI is falling along with it: 15m -0.44%, 1h -0.12%, nominal change -135K / -130K. This is typical long deleveraging, stop-lossing, or position reduction—not new shorts rushing in to smash the market.
The closing price has broken below the lower edge of the recent 20 5m K-line range. The aggressive trade gap is -21.8%, the buy/sell ratio is 0.64, and selling pressure is clearly skewed. The OI abnormal percentile is 99.4%; the entire pool’s anomalies are ranked at #8, continuing across multiple consecutive periods. The confirmation level from depth isn’t low.
Over the past 24h, turnover is 13.95M, and liquidity isn’t particularly thick. At this level, price is approaching its own historical extreme zone. With price down + OI down, it could either be a sign that panic liquidation/clearing is nearing completion, or a continuation leg within the downtrend. We’ll see whether it can quickly reclaim—don’t rush in yet; wait for structural confirmation.
The closing price has broken below the lower edge of the recent 20 5m K-line range. The aggressive trade gap is -21.8%, the buy/sell ratio is 0.64, and selling pressure is clearly skewed. The OI abnormal percentile is 99.4%; the entire pool’s anomalies are ranked at #8, continuing across multiple consecutive periods. The confirmation level from depth isn’t low.
Over the past 24h, turnover is 13.95M, and liquidity isn’t particularly thick. At this level, price is approaching its own historical extreme zone. With price down + OI down, it could either be a sign that panic liquidation/clearing is nearing completion, or a continuation leg within the downtrend. We’ll see whether it can quickly reclaim—don’t rush in yet; wait for structural confirmation.