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【$BTC Signal】Short position + open interest divergence observation
$BTC cooled down after the volume declined, combined with the high open interest, we need to be wary of the chain selling pressure caused by long liquidation. The current price action shows a sell dominance with no effective buying absorption.
🎯 Direction: Short position
Wait patiently for the market structure to be reshaped. The price needs time to digest this decline and observe the change in open interest to confirm whether it is the main shipment or a simple long liquidation. Until support is clear or a reversal signal appears, it is a better strategy to stay on the sidelines.
Trade 👇 $BTC
here
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