【$ETH Signal】Empty position + decline accompanied by abnormal trading volume
$ETH Price decline accompanied by high trading volume and open interest, market logic suggests distinguishing between long liquidation or main force distribution. Currently, there is no clear bottoming structure, and the risk outweighs the opportunity.
🎯 Direction: Empty position
Wait for price action to give a clear signal. The current environment is suitable for observation, avoiding catching falling knives during a decline. The key to small losses and big gains is to only trade in advantageous positions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$ETH Signal】Empty position + decline accompanied by abnormal trading volume
$ETH Price decline accompanied by high trading volume and open interest, market logic suggests distinguishing between long liquidation or main force distribution. Currently, there is no clear bottoming structure, and the risk outweighs the opportunity.
🎯 Direction: Empty position
Wait for price action to give a clear signal. The current environment is suitable for observation, avoiding catching falling knives during a decline. The key to small losses and big gains is to only trade in advantageous positions.
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