$ETH is experiencing a volume-driven decline, with high open interest indicating that bulls are being wiped out. The market structure has shifted to a bearish outlook.
🎯 Direction: Empty Position
Price action shows a large amount of sell orders absorbing below key support levels, turning market sentiment to panic. Currently, the market lacks effective buying support, and any rebound may face selling pressure. Wait for clear market structure signals of a bottom or a healthy reset before making an assessment.
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【$ETH Signal】Empty Position + Volume Breakout
$ETH is experiencing a volume-driven decline, with high open interest indicating that bulls are being wiped out. The market structure has shifted to a bearish outlook.
🎯 Direction: Empty Position
Price action shows a large amount of sell orders absorbing below key support levels, turning market sentiment to panic. Currently, the market lacks effective buying support, and any rebound may face selling pressure. Wait for clear market structure signals of a bottom or a healthy reset before making an assessment.
Trade 👇 $ETH
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