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【$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
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