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【$ETH Signal】Short position + decline accompanied by open interest anomaly
$ETH is declining, combined with high open interest, market logic suggests caution against long liquidation or main force distribution risks.
🎯 Direction: Short position
The current market shows a price decline accompanied by high open interest, which is a typical fragile structure. Price action (PA) indicates persistent selling pressure, with no effective buying absorption. Until open interest significantly decreases (indicating liquidation completion) or a clear reversal pattern appears, the market tends to continue releasing downside pressure. Small losses, large gains; the current probability does not favor the bulls.
Trade 👇 $ETH
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