【$SPACE Signal】Empty Position - Violent Sell-Off Phase
$SPACE is experiencing a sharp decline with increased volume, high open interest accompanied by a significant price drop. This is a typical signal of main force distribution / bullish trap, not a healthy correction.
🎯 Direction: Empty Position
Market logic is clear: high open interest + sharp price decline = systematic clearing of bullish leverage. Any bottom-fishing behavior at this point is equivalent to taking a flying knife. The price needs to cool down sufficiently and show a clear accumulation structure before it has value for re-entry. Currently, the market only shows selling pressure, with no support.
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【$SPACE Signal】Empty Position - Violent Sell-Off Phase
$SPACE is experiencing a sharp decline with increased volume, high open interest accompanied by a significant price drop. This is a typical signal of main force distribution / bullish trap, not a healthy correction.
🎯 Direction: Empty Position
Market logic is clear: high open interest + sharp price decline = systematic clearing of bullish leverage. Any bottom-fishing behavior at this point is equivalent to taking a flying knife. The price needs to cool down sufficiently and show a clear accumulation structure before it has value for re-entry. Currently, the market only shows selling pressure, with no support.
Trade here 👇 $SPACE
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