$SKYAI In this 15-minute candle, it dropped directly by 6.55%, with volume surging to 9.57 times and the volatility Z-score hitting 4.44.

But interestingly, open interest is still rising. The 1-hour contract OI increased by 3.37%, yet the nominal change is negative, indicating that active selling + new short positions are driving the decline, not just a long squeeze. The aggressive order imbalance is -5.4%, with a buy/sell ratio of 0.9—short-side energy is quite evident.
The closing price has already broken below the lower edge of the last 20 5-minute candles, so the short-term structure is broken. Although the pool's nominal change ranks high, is it more like new leveraged shorts accelerating a bottom-finding process? Or is it continuing to pile on?
At this level, don't rush into heavy long positions. Wait until volume shrinks and aggressive buying turns positive before considering a bottom pick. The bearish sentiment hasn't fully played out yet. $SKYAI