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【$ETH Signal】Empty position, waiting for downward momentum to exhaust
$ETH is experiencing a volume-driven decline. Combined with changes in open interest, the current market indicates a chain reaction of forced long liquidations causing a sell-off, rather than purely main force distribution. Market sentiment is panic, but we need to wait for clear signs of a bottom.
🎯 Direction: Empty position
Wait for the price to find support in key zones (such as $2150-$2200) with buying absorption and decreasing volume, forming a bottoming structure on an hourly level or above (such as Pin Bar, Engulfing pattern), then evaluate long opportunities. Currently, the risk of going against the trend is extremely high.
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