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【$ETC Signal】Empty position, waiting for downward momentum to exhaust
$ETC Price decline accompanied by high trading volume and open interest, market logic suggests distinguishing between long liquidation or main force distribution. The current market indicates clear selling pressure dominance, with no effective signs of buy absorption in the price action.
🎯Direction: Short (NoPosition)
Waiting for the price to show a clear stabilization pattern in key support areas (such as 8.80-9.00), like long lower shadows, shrinking volume, or hourly RSI divergence, or evidence of buy absorption before evaluating long opportunities. Currently, the risk of going against the trend is too high and does not align with probabilistic advantage.
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