【$ETH Signal】Empty position + Observe after volume increase on decline
$ETH enters an observation period after a volume surge on decline. The price drops accompanied by massive trading volume, and market logic suggests that it is necessary to judge whether it is a short squeeze or main force distribution based on open interest. Currently, there is no clear bottom structure on the chart, so wait for selling pressure to exhaust or for a clear reversal signal.
🎯 Direction: Empty position
Wait for price action to provide a clearer signal. If it is panic selling after a short squeeze, a quick rebound may occur; if it is main force continuous distribution, then wait for a lower accumulation structure. The current strategy is mainly to observe and avoid uncertainty.
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【$ETH Signal】Empty position + Observe after volume increase on decline
$ETH enters an observation period after a volume surge on decline. The price drops accompanied by massive trading volume, and market logic suggests that it is necessary to judge whether it is a short squeeze or main force distribution based on open interest. Currently, there is no clear bottom structure on the chart, so wait for selling pressure to exhaust or for a clear reversal signal.
🎯 Direction: Empty position
Wait for price action to provide a clearer signal. If it is panic selling after a short squeeze, a quick rebound may occur; if it is main force continuous distribution, then wait for a lower accumulation structure. The current strategy is mainly to observe and avoid uncertainty.
Trade 👇 $ETH
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