【$42 Signal】Short position: sharp decline after main force distribution
$42 is experiencing a sharp decline after main force distribution, with a single-day drop of over 35%, accompanied by high trading volume and open interest, which is a typical phase of price collapse after distribution.
🎯 Direction: Short position
Market logic is clear: the price plummeting along with high trading volume and high open interest aligns with the main force distribution model of “price decline + high open interest.” This is not a healthy correction but liquidity withdrawal. Currently, there is no effective support structure on the chart, and any rebound faces dense selling pressure above. Any rebound on the lower time frame (LTF) is an opportunity to exit or observe, not an entry signal.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$42 Signal】Short position: sharp decline after main force distribution
$42 is experiencing a sharp decline after main force distribution, with a single-day drop of over 35%, accompanied by high trading volume and open interest, which is a typical phase of price collapse after distribution.
🎯 Direction: Short position
Market logic is clear: the price plummeting along with high trading volume and high open interest aligns with the main force distribution model of “price decline + high open interest.” This is not a healthy correction but liquidity withdrawal. Currently, there is no effective support structure on the chart, and any rebound faces dense selling pressure above. Any rebound on the lower time frame (LTF) is an opportunity to exit or observe, not an entry signal.
Trade here 👇 $42
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #金价突破5200美元 #内容挖矿焕新公测开启 #中东局势升级