【$ZK Signal】Empty position + decline accompanied by abnormal open interest
$ZK Price drops by -3.64%, but open interest reaches 237 million. Combined with market logic, caution is advised for potential long liquidation or main force distribution risks. Currently, there is no clear support structure on the chart, and price action indicates selling pressure dominance. It is not advisable to trade against the trend.
🎯 Direction: Empty position
Wait for the price action to show clear absorption signals or structural rebuilding. The current market logic leans towards risk release phase. The core of small losses and big gains is to avoid uncertainty. Profits are based on probabilities, not single trades.
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【$ZK Signal】Empty position + decline accompanied by abnormal open interest
$ZK Price drops by -3.64%, but open interest reaches 237 million. Combined with market logic, caution is advised for potential long liquidation or main force distribution risks. Currently, there is no clear support structure on the chart, and price action indicates selling pressure dominance. It is not advisable to trade against the trend.
🎯 Direction: Empty position
Wait for the price action to show clear absorption signals or structural rebuilding. The current market logic leans towards risk release phase. The core of small losses and big gains is to avoid uncertainty. Profits are based on probabilities, not single trades.
Trade here 👇 $ZK
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