【$ETH Signal】Short position + Decline accompanied by abnormal open interest

$ETH Price drops -3.56%, but open interest (OI) remains high. Combined with market logic, this suggests it is not a simple healthy correction, but a sign to watch for potential long liquidation or main force distribution. Current price action (PA) shows selling pressure dominates, with no clear buy absorption signals.

🎯Direction: Short (NoPosition)

Wait for the price to show a clear reversal structure in key support zones (such as 2250-2280), like an hourly Pin Bar or demand zone rebound, or for open interest (OI) to significantly decrease before reassessing long opportunities. The current market structure is fragile, and forcing a catch-up carries higher risk than reward.

Trade here 👇 $ETH

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