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【$BTC Signal】Empty Position + Observation of Divergence in Open Interest
$BTC Price decline accompanied by high open interest indicates market logic suggesting caution against long liquidation or main force distribution risks. The current market lacks clear absorption behavior, so blindly taking positions is not advisable.
🎯 Direction: Empty Position
Wait for clearer signals from price action. Divergence between price decline and open interest is a dangerous sign, indicating a large number of open positions that could trigger chain liquidations. Healthy reset should be accompanied by decreasing open interest and absorption of buy orders; currently, there are no signs of this.
Trade 👇 $BTC
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