【$ETH Signal】All positions closed, waiting for selling pressure to be exhausted and confirmed

$ETH After a volume-driven decline, the market enters a cooling phase. A 9.38% drop accompanied by 24.2 billion in trading volume needs to be observed to determine whether it is a healthy long liquidation or if the main force is continuing to distribute. Changes in open interest are key.

🎯Direction: Short (NoPosition)

Currently, there is no clear reversal pattern on the chart, and price action indicates that selling pressure dominates. Wait for clear buy absorption signals (such as: hourly chart with volume-driven lower shadow, divergence in downward momentum, order book buy walls at key support levels) before considering entry. Market logic suggests that the nature of the decline should be judged in conjunction with open interest; currently, it is advisable to stay on the sidelines.

Trade 👇 $ETH

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