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【$ICP Signal】Empty position + decline accompanied by abnormal open interest
$ICP Price decline accompanied by high open interest, market logic suggests caution against main force distribution risk. The market shows persistent selling pressure, with no effective buying absorption.
🎯 Direction: Empty position
The current structure is relatively weak, and price action indicates that downward momentum has not been fully released. A decline in price under high open interest often signifies intense bullish and bearish competition, but bears are currently dominant. Before a clear reversal signal appears, it is advisable to stay on the sidelines and wait for the market structure to reshape.
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