【$ETH Signal】Short Position + Price Drop with Open Interest Anomaly
$ETH Price decreased by 4.78%, but open interest (OI) reached $1.97 billion. Market logic suggests that the decision should be based on open interest to determine whether it's a long squeeze or main force distribution. The current chart shows weak price action (PA), and a decline under high open interest usually indicates forced liquidation or selling pressure from major players, not a healthy correction. Risks should be avoided until clear signals appear.
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【$ETH Signal】Short Position + Price Drop with Open Interest Anomaly
$ETH Price decreased by 4.78%, but open interest (OI) reached $1.97 billion. Market logic suggests that the decision should be based on open interest to determine whether it's a long squeeze or main force distribution. The current chart shows weak price action (PA), and a decline under high open interest usually indicates forced liquidation or selling pressure from major players, not a healthy correction. Risks should be avoided until clear signals appear.
🎯 Direction: Short Position (NoPosition)
Trade here: 👇 $ETH
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