$ETH is experiencing a volume-driven decline, with a -10% drop accompanied by high open interest, indicating market logic suggests a risk of long liquidation or main force distribution.
🎯 Direction: Short position
The current market shows a clear bearish dominance. In terms of price action (PA), the volume-driven decline has broken through a key support zone, which is a strong bearish signal. Market psychology indicates that a decline under high open interest usually means long leverage is being massively liquidated, creating a negative feedback loop. Until a clear bottoming structure and evidence of buy absorption appear, do not go against the trend.
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【$ETH Signal】Short position + volume breakout
$ETH is experiencing a volume-driven decline, with a -10% drop accompanied by high open interest, indicating market logic suggests a risk of long liquidation or main force distribution.
🎯 Direction: Short position
The current market shows a clear bearish dominance. In terms of price action (PA), the volume-driven decline has broken through a key support zone, which is a strong bearish signal. Market psychology indicates that a decline under high open interest usually means long leverage is being massively liquidated, creating a negative feedback loop. Until a clear bottoming structure and evidence of buy absorption appear, do not go against the trend.
Trade 👇 $ETH
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