Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
【$W Signal】Empty position + Downtrend accompanied by open interest warning
$W Price drops -1.12%, trading volume 8.68 million, but open interest reaches 180 million. Market logic suggests that the combination of open interest should be considered to determine whether it is a long squeeze or main force distribution. The current market shows a decline accompanied by high open interest, indicating a high-risk uncertain state that does not align with a high-probability trading structure.
🎯 Direction: Short position
Waiting for price action to provide clear signals of bullish support or continued bearishness. The current decline with high open interest is prone to trigger intense volatility and liquidation chain reactions, with risks far outweighing potential rewards. Core trading principle: Only act when the probability is clearly skewed.
Trade 👇 $W
---
Follow me: Get more real-time analysis and insights into 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 #加密市场回调