【$I'm coming, signal】Hold cash and observe - Bull trap under volume-price divergence

$I'm coming, after a surge with high volume, the price is consolidating at a high level, but there is dangerous resonance in the data.
🎯Direction: Hold cash
Market analysis: A single massive bullish candle on the 4H chart surged 16%, but the latest candlestick shows a long upper shadow, indicating heavy selling pressure around 0.0245. The key issue is: although the price has risen, the open interest trend (OI) remains "Stable" without synchronized increase, and the funding rate is as high as 0.0392%, indicating excessive leverage in the market.
Hardcore logic: This is a typical "bull trap" structure. Price rises but OI does not increase, suggesting the movement is driven by existing funds rather than new major players entering. The high funding rate fuels the bears, and the deep imbalance (15.12%) shows sell orders stacking up. RSI at 49.37 is neutral, but the price is far below the EMA20 (0.0224) and EMA50 (0.0268), indicating a medium-term bearish trend.
Trading plan: Currently, the price is in a strong resistance zone (near previous high + EMA20 resistance), with volume-price and OI divergence. Conditions for long positions are not met (no key support pullback + OI not flowing in), and short conditions are also immature (no OI decline + RSI bearish divergence). Entering now with a risk-reward ratio <1.5 is highly risky.
Core strategy: Hold cash and observe. Wait for the price to pull back to confirm support (such as around 0.020-0.021) with OI flowing back in, or rebound above 0.0245 with clear OI decline + RSI bearish divergence signals before making a decision.
Trade here 👇 $I'm coming,
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