$SYN This 15-minute drop hit 1.49%, with volume at 1.76x. The volatility is fast at Z+3. Price even directly broke below the lower bound of the 20 five-minute K-line range. What’s interesting is that OI rose slightly by 0.15%, yet the nominal OI dropped by over 90K—that’s a classic pattern of leveraged short sellers adding positions driving the decline. Passive turnover discrepancy is -27.8%, and the buy/sell ratio is 0.57—selling pressure is very solid.
Abnormal entries across the whole pool include #16, with nominal change #40. This kind of volume-price divergence structure makes the “can’t hold at high levels” signal quite clear. Next, watch the 1h OI as well—it’s declining too, which suggests this move isn’t just a pure dumping event; more likely, new shorts are being built. Whether the market can stabilize depends on whether there are truly fresh longs taking over. Given the current technical setup, be cautious about chasing shorts, but don’t rush to bottom-pick either.
Abnormal entries across the whole pool include #16, with nominal change #40. This kind of volume-price divergence structure makes the “can’t hold at high levels” signal quite clear. Next, watch the 1h OI as well—it’s declining too, which suggests this move isn’t just a pure dumping event; more likely, new shorts are being built. Whether the market can stabilize depends on whether there are truly fresh longs taking over. Given the current technical setup, be cautious about chasing shorts, but don’t rush to bottom-pick either.