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【$ETH Signal】Short position + decline accompanied by abnormal trading volume
$ETH is experiencing a volume-driven decline, with a 24-hour drop of -9.42%. Combined with trading volume data, caution is advised for potential main force distribution or chain liquidation risks.
🎯 Direction: Short position
Market logic: Price decline accompanied by high trading volume (24.48 billion) and high open interest (1.985 million ETH). Market signals suggest “long liquidation or main force distribution.” Currently, there is no clear support level, and price action indicates selling pressure dominance. It is recommended to wait for panic selling to clear or for clear buying signals before making further assessments.
Trade 👇 $ETH
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