Market just flipped hard on some perps.

🔻 SKYAIUSDT −32%

🔻 COSUSDT −13%

🔻 VICUSDT −12%

🔻 POWERUSDT −12%

🔻 1000RATSUSDT −11%

That −32% on SKYAI isn’t random.

That’s either long liquidations or profit-taking after an aggressive pump.

In futures, once structure breaks, downside accelerates fast — especially on lower liquidity pairs.

What I’m watching:

• Is open interest dropping? → Longs getting wiped

• Is funding flipping negative? → Shorts overcrowding

• Is volume peaking into the dump? → Possible short-term flush

After a 20–30% drop, volatility stays high.

I don’t blindly buy red candles.

I wait for bounce + lower high if shorting, or base formation if looking for reversal.

In futures, red moves can extend longer than people expect.

$SKYAI

SKYAIBSC
SKYAIUSDT
0.03996
-20.58%

$COS

COS
COSUSDT
0.00102
-0.29%

$POWER

POWERBSC
POWERUSDT
0.14765
-15.21%

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