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【$ETH Signal】Empty position + Observation of divergence in open interest
$ETH Price decline accompanied by high open interest, market logic suggests caution against long liquidation or main force distribution risks. The current chart shows no clear bottom structure, price action is weak, and it is not advisable to blindly buy the dip.
🎯 Direction: Short
Wait for the price to show clear buy absorption and open interest decline signals in the key support zone (such as $2600-$2650), then evaluate the long opportunity. Currently, market sentiment is panic-driven, and a healthy reset requires time and price stabilization.
Trade 👇 $ETH
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