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【$ETH Signal】No Position + Downtrend accompanied by Open Interest Movement
$ETH Price decline accompanied by high trading volume and open interest, market logic suggests distinguishing between long liquidation or main force distribution. Currently, there is no clear bottoming structure on the chart; wait for the market to give a direction confirmation.
🎯 Direction: No Position (NoPosition)
Price action shows persistent selling pressure. The decline with high trading volume and changes in open interest indicate strong market disagreement. Entering at this point offers a poor risk-reward ratio; wait for the price to show clear buy absorption signals at key support zones (such as 2200-2250) or a confirmed breakdown before evaluating trading opportunities. Small losses, big gains—profit from probability.
Trade here 👇 $ETH
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