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$ETC Price decline accompanied by high open interest suggests market logic warns of potential long liquidation or main force distribution. Currently, there is no clear bottom structure in the chart, and the downward momentum has not confirmed exhaustion.
🎯 Direction: Short position
Wait for clear buy absorption signals in price action or failure of structural breakdown (such as false break) before evaluating long opportunities. The current market sentiment is leaning towards panic, and it is not advisable to go against the trend.
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