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【$ETH Signal】Empty position, waiting for downward momentum to exhaust
$ETH is experiencing a volume-driven decline, with price action indicating a bearish dominance. Market logic suggests combining open interest data to determine whether it is a short squeeze or main force distribution. No clear support absorption structure is observed at present; it is advisable to remain cautious.
🎯 Direction: Empty position
Waiting for the price to show clear buy absorption and reversal signals (such as bullish engulfing, long lower shadows) at key support zones (e.g., $2600-$2650), then reassess the opportunity to go long. Currently, the risk-reward ratio for chasing shorts is unfavorable; patience is a better strategy.
Trade 👇 $ETH
here
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