$ETH Signal】Short position + decline is accompanied by changes in open interest



$ETH is falling in volume, with a decline of -6.34% accompanied by a huge volume of 16.6B, and market logic suggests that it is necessary to judge whether it is a long liquidation or a main shipment based on open interest. The current price action shows that selling pressure is dominant, and there is no clear bottom undertaking signal.

🎯 Direction: Short (NoPosition)

Wait for price action to give a clear stop or reversal structure. At present, the market is in the stage of emotional release, and the risk of blindly buying the bottom is extremely high. Small losses and big profits make money with probability, not a single game.

Trade 👇 $ETH
here
---

Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #金价突破5500美元 #GateLive直播挖矿公测开启 #美联储利率维持不变
ETH-5.77%
View Original
post-image
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.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
pennilessvip
· 10h ago
Experienced driver, guide me 📈
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)