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【$PYTH Signal】Empty position, waiting for selling pressure to exhaust
$PYTH is experiencing a decline with increased volume. Combined with high open interest, market logic indicates a risk of long liquidation or main force distribution. Current price action shows clear dominance by sellers, with no effective buying absorption signals.
🎯 Direction: Empty position
Wait for the price to show a stabilization pattern on a lower time frame or for open interest to significantly decrease before reassessing potential bullish opportunities. In the current environment, holding cash and observing is the higher probability choice.
Trade 👇 $PYTH
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