$ETH Price decline accompanied by high open interest presents a typical long liquidation and clearing pattern, rather than a main force distribution. This is a healthy reset in an upward trend.



🎯Direction: Long (Long)

🎯Entry: 2900 - 2925

🛑Stop Loss: 2845 (Rigid Stop Loss)

🚀Target 1: 3020

🚀Target 2: 3120

$ETH High trading volume during a decline above a key support zone, combined with open interest analysis, indicates a typical “long leverage liquidation” behavior. Price action shows the decline is being absorbed orderly by buyers, with no signs of panic selling. As long as the liquidity pool at 2845-2860 is maintained, the market structure remains intact, and the probability of regaining upward momentum after the liquidation is higher.
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ETH1,04%
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UuuUpUpUpvip
· 7h ago
Hold on tight, we're about to take off 🛫
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GateUser-3c8e8a8avip
· 8h ago
Bro, can it really go up?
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