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【$CRV Signal】Short position, decline accompanied by abnormal open interest
$CRV Price decline accompanied by high open interest indicates market logic suggesting caution for main players unloading or long liquidation risk. The market shows persistent selling pressure with no effective buying absorption.
🎯Direction: Short (NoPosition)
The current price structure is fragile; volume increase during decline and high open interest are warning signals. Healthy long resets should be accompanied by decreasing open interest and diminishing selling pressure, which are not observed here. Avoid bottom-fishing on the left side, and wait for a clear stabilization pattern and market sentiment reset.
Trade here 👇 $CRV
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