【
$42 Signal】Short Position + Liquidity Exhaustion After Sharp Drop
$42 After a single-day drop of over 34%, the price action indicates a typical liquidity exhaustion state. Market logic suggests that combined with open interest, it is necessary to determine whether it is a long liquidation or main force distribution. Currently, there is no effective buying support on the chart, indicating a pure phase of selling pressure release.
🎯 Direction: Short
(Deep technical logic: After a massive decline, the price shows no effective buy absorption or bottom structure. This vertical drop is usually a