【$42 Signal】Short Position + Liquidity Exhaustion After Sharp Drop
$42 After a single-day drop of over 34%, the price action indicates a typical liquidity exhaustion state. Market logic suggests that combined with open interest, it is necessary to determine whether it is a long liquidation or main force distribution. Currently, there is no effective buying support on the chart, indicating a pure phase of selling pressure release.
🎯 Direction: Short
(Deep technical logic: After a massive decline, the price shows no effective buy absorption or bottom structure. This vertical drop is usually accompanied by long leverage liquidations, creating a liquidity vacuum. Until clear signals of stabilization or reversal appear (such as increased volume with lower shadow, hourly structure breakout), any bottom-fishing behavior is counter-trend and risky. The current strategy is to wait for the market to complete panic selling and restore order.)
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【$42 Signal】Short Position + Liquidity Exhaustion After Sharp Drop
$42 After a single-day drop of over 34%, the price action indicates a typical liquidity exhaustion state. Market logic suggests that combined with open interest, it is necessary to determine whether it is a long liquidation or main force distribution. Currently, there is no effective buying support on the chart, indicating a pure phase of selling pressure release.
🎯 Direction: Short
(Deep technical logic: After a massive decline, the price shows no effective buy absorption or bottom structure. This vertical drop is usually accompanied by long leverage liquidations, creating a liquidity vacuum. Until clear signals of stabilization or reversal appear (such as increased volume with lower shadow, hourly structure breakout), any bottom-fishing behavior is counter-trend and risky. The current strategy is to wait for the market to complete panic selling and restore order.)
Observe here 👇 $42
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