【$ETH Signal】Empty position + decline accompanied by abnormal open interest

$ETH price drops by -2.80%, but open interest (OI) reaches $1.934 billion. Combined with high trading volume, market logic suggests the need to determine whether it is a long squeeze or main force distribution. The current market shows significant selling pressure, which is not a healthy correction. Risk should be avoided, and clearer signals should be waited for.

🎯 Direction: Empty position

Market psychology: Price decline accompanied by high open interest is a typical sign of intensified long-short competition. This is not simply profit-taking, but the possibility of large-scale liquidation or main force distribution. Until the direction is clear, any bottom-fishing behavior is equivalent to taking a flying knife.

Trade 👇 $ETH

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