$METIS [$METIS Signal] Short position + decline accompanied by abnormal open interest
$METIS Price drops -4.34%, but open interest remains high at 521,000, showing a divergence where price falls while volume increases. Market logic suggests distinguishing between long liquidation or main force distribution. Currently, there is no clear absorption behavior; decline with high open interest indicates higher risk than opportunity. 🎯 Direction: Short position Waiting for price action to give a clear signal: either a volume breakout below a key support level to confirm main force distribution, or strong buying to absorb the decline accompanied by a decrease in open interest, forming a healthy reset. Currently, it is advisable to observe. Trade here 👇 $METIS --- Follow me: Get more real-time analysis and insights on the crypto market! #Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启 #加密市场回调
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$METIS [$METIS Signal] Short position + decline accompanied by abnormal open interest
$METIS Price drops -4.34%, but open interest remains high at 521,000, showing a divergence where price falls while volume increases. Market logic suggests distinguishing between long liquidation or main force distribution. Currently, there is no clear absorption behavior; decline with high open interest indicates higher risk than opportunity.
🎯 Direction: Short position
Waiting for price action to give a clear signal: either a volume breakout below a key support level to confirm main force distribution, or strong buying to absorb the decline accompanied by a decrease in open interest, forming a healthy reset. Currently, it is advisable to observe.
Trade here 👇 $METIS
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Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启 #加密市场回调