$IMX is experiencing a volume-driven decline, with a daily drop of over 10%. Combined with open interest data, caution is advised for potential main force distribution or long-side踩踏 risks. The current price action indicates selling pressure dominance, with no clear bottom support structure.
🎯 Direction: Exit position
Market logic: The price decline is accompanied by significant trading volume, and market logic suggests the need to consider open interest for judgment. Without clear buy-side absorption and bottom pattern confirmation, the probability of continued price inertia downward is high. This is a probability game; the current long-side odds are unfavorable, and it is advisable to wait for market structure reshaping.
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$IMX is experiencing a volume-driven decline, with a daily drop of over 10%. Combined with open interest data, caution is advised for potential main force distribution or long-side踩踏 risks. The current price action indicates selling pressure dominance, with no clear bottom support structure.
🎯 Direction: Exit position
Market logic: The price decline is accompanied by significant trading volume, and market logic suggests the need to consider open interest for judgment. Without clear buy-side absorption and bottom pattern confirmation, the probability of continued price inertia downward is high. This is a probability game; the current long-side odds are unfavorable, and it is advisable to wait for market structure reshaping.