$ETH enters an observation period after a volume-expanding decline. Price action shows significant selling pressure. Combined with high trading volume and open interest, caution is needed to determine whether it is a liquidation of long positions or a phase of main force distribution. Currently, there is no clear bottom structure, and market sentiment is bearish.
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$ETH enters an observation period after a volume-expanding decline. Price action shows significant selling pressure. Combined with high trading volume and open interest, caution is needed to determine whether it is a liquidation of long positions or a phase of main force distribution. Currently, there is no clear bottom structure, and market sentiment is bearish.