【$ETH Signal】Empty position + decline accompanied by abnormal open interest
$ETH During a volume-increasing decline, combined with high open interest, market logic suggests caution for long liquidation or main force distribution risks. Price action shows selling pressure dominance, with no effective signs of buy absorption.
🎯 Direction: Empty position
Currently, there is no clear reversal structure in the market, so it is not advisable to trade against the trend. Price declines under high open interest are usually accompanied by liquidation chain reactions. Wait for open interest to decrease and the price structure to stabilize before assessing potential support zones.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$ETH Signal】Empty position + decline accompanied by abnormal open interest
$ETH During a volume-increasing decline, combined with high open interest, market logic suggests caution for long liquidation or main force distribution risks. Price action shows selling pressure dominance, with no effective signs of buy absorption.
🎯 Direction: Empty position
Currently, there is no clear reversal structure in the market, so it is not advisable to trade against the trend. Price declines under high open interest are usually accompanied by liquidation chain reactions. Wait for open interest to decrease and the price structure to stabilize before assessing potential support zones.
Trade 👇 $ETH
here
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启 #美联储利率维持不变