【$ETH Signal】Empty Position + Observation of Divergence in Open Interest
$ETH Price decline accompanied by high open interest, market logic suggests caution against long liquidation or main force distribution risks. Currently, there are no clear buy absorption signals on the chart, and price action remains weak.
🎯 Direction: Empty Position
Wait for the price to show clear signs of stabilization at key support zones (such as 2250-2280), like hourly pin bars, shrinking volume, or decreasing open interest, or confirm a rebound after breaking support before considering entry. Currently, it is advisable to observe and let the market choose its direction.
---
Follow me: Get more real-time analysis and insights on the crypto market!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$ETH Signal】Empty Position + Observation of Divergence in Open Interest
$ETH Price decline accompanied by high open interest, market logic suggests caution against long liquidation or main force distribution risks. Currently, there are no clear buy absorption signals on the chart, and price action remains weak.
🎯 Direction: Empty Position
Wait for the price to show clear signs of stabilization at key support zones (such as 2250-2280), like hourly pin bars, shrinking volume, or decreasing open interest, or confirm a rebound after breaking support before considering entry. Currently, it is advisable to observe and let the market choose its direction.
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励 #我的周末交易计划 #GateLive直播挖矿公测开启 #加密市场回调 $BTC $ETH Trading