Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
, caution is needed for long leverage liquidations or main force distribution. The current price action leans toward a correction rather than a trend reversal confirmation, but a price decline under high OI is a clear risk signal.
🎯 Direction: Short
Market Logic: Price decline accompanied by high open interest contracts is a typical divergence pattern of “price falls, open positions remain stable.” This usually indicates either a large number of long positions are being liquidated (passive selling pressure) or smart money is distributing at the current level. It’s not advisable to go long actively until the price reabsorbs selling pressure and forms a clear support structure. Small losses, big gains—profit is about probability, and the current probability does not favor the bulls.
Trade 👇 $BTC
here
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励
#WhenWill BTC Rebound?