1. General Market Overview (image 1)
• The market is in widespread decline, with SUI down -4.29%, reinforcing a moment of weakening of the asset against BTC and ETH.
• The dominance of red in the market visualization indicates selling pressure in practically all assets.
2. Open Interest (Images 2 and 3)
Image 2 (last hours): there was an increase in open interest (OI), which may indicate the entry of new positions, possibly from speculators.
Image 3 (last few days): downward trend in OI in the previous period, with recent recovery, indicating that the market may be resuming positions for a new movement — possibly for hedging or speculation.
3. Long/Short Sentiment of Major Traders (Images 4, 5 and 6)
• Images 4 and 5: there was a significant increase in the proportion of accounts and long positions, reaching over 65%.
Image 6 (most recent): despite the dominance of longs, the long/short ratio is above 2, which historically can be a sign of exhaustion of the buying movement, favoring contrary movements (pullbacks or corrections).
4. Taker Volume (Images 7 and 8)
There is a balance, but the selling pressure is greater, especially in the last hours (image 7). This reinforces that, even with many in long positions, the aggressive volume is selling — which is a sign that players are liquidating or protecting positions.
Base (Image 9)
The basis between the future price and the index is close to zero, with recent negative variations. This indicates little speculative appetite, reinforcing the more neutral to bearish short-term scenario.
