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【$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. The current market state is uncertain after a decline, lacking a clear entry pattern.
🎯 Direction: Empty position
Wait for price action to provide a clearer signal. If open interest continues to accumulate during the decline, it may indicate further downside; if the price quickly recovers and open interest decreases, it could be a healthy shakeout. The best current strategy is to observe from outside the market and let the market choose its direction.
Trade 👇 $ETH
here
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