【$W Signal】Short position + decline accompanied by abnormal open interest

$W Price decline accompanied by high open interest, market logic suggests caution against main force distribution risk. The market shows persistent selling pressure, with no effective buying absorption observed.

🎯 Direction: Short position

The current structure is relatively weak, and price action indicates that downward momentum has not yet been fully released. Price declines under high open interest typically indicate intense battles between bulls and bears, but combined with a lack of resistance in the downward trend, it is more likely that the bulls are passively holding positions that are gradually being depleted. Do not enter on the left side before a clear bottom absorption structure appears or open interest drops significantly.

Trade 👇 $W
here
---

Follow me: Get more real-time analysis and insights into the crypto market!
‍#Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启 #加密市场回调