$ETH is experiencing a volume-driven decline. Combined with high open interest, the market logic points to a sell-off driven by long liquidation rather than a healthy correction.
🎯 Direction: Short position
Price action shows strong selling pressure with no effective absorption by buyers. The current pattern is an acceleration phase within a downtrend, with no clear support structure on the left side, making bottom-fishing highly risky. Wait for the price structure to stabilize and signals of selling pressure exhaustion.
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【$ETH Signal】Short position + volume breakout
$ETH is experiencing a volume-driven decline. Combined with high open interest, the market logic points to a sell-off driven by long liquidation rather than a healthy correction.
🎯 Direction: Short position
Price action shows strong selling pressure with no effective absorption by buyers. The current pattern is an acceleration phase within a downtrend, with no clear support structure on the left side, making bottom-fishing highly risky. Wait for the price structure to stabilize and signals of selling pressure exhaustion.
Trade 👇 $ETH
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