【$BTC Signal】Short position + Open interest divergence observation
$BTC Falling near 88k accompanied by high open interest, caution against a chain reaction of long liquidations triggering selling pressure. Price action shows weak buying absorption, and the market is testing a key liquidity zone.
🎯 Direction: Short position
Wait for the price action to give a clear directional signal. The current decline in price with high open interest usually indicates either a strong start led by bears or a short squeeze caused by long liquidation. Observe the price response in the 88k-86k range; if it cannot quickly recover and is accompanied by decreasing open interest, the probability of further decline increases.
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【$BTC Signal】Short position + Open interest divergence observation
$BTC Falling near 88k accompanied by high open interest, caution against a chain reaction of long liquidations triggering selling pressure. Price action shows weak buying absorption, and the market is testing a key liquidity zone.
🎯 Direction: Short position
Wait for the price action to give a clear directional signal. The current decline in price with high open interest usually indicates either a strong start led by bears or a short squeeze caused by long liquidation. Observe the price response in the 88k-86k range; if it cannot quickly recover and is accompanied by decreasing open interest, the probability of further decline increases.
Trade 👇 $BTC
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