Today’s Market...


Had a bit of a failure yesterday... In the end, Iran’s one response was enough to push it down.
From the data, although the total delta has reached, and open interest has decreased... but because the order book on the upside still hasn't reached the threshold, and no real entry model has emerged... So it doesn't meet my entry conditions, and I missed a short move...
Continuing to watch today...
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Figure 1: Order Book
Currently, the situation on the order book isn't much different from yesterday... A new sell order was placed below 83k...
And the support from buy orders is still at the psychological level of 80k... With over 300 spot orders placed.
Combined with the liquidity in Figure 2, this is the zone to watch for potential accumulation from yesterday to now.
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Figure 3: Open Interest (OI)
From the OI perspective, this wave of OI reset has a chance to reach either level 1 or 2, but it's uncertain which one. If a move above 80k occurs, it should approach around level 1.
If 80k support fails, then we need to see OI continue to decrease to the level 2 range before looking for opportunities (roughly 78~79k, to be confirmed later).
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Nothing else for now... Keep lurking, keep coding vibes.
In the past few days, there haven't been many good opportunities for entry models.
This week, I’ll find some time to go a bit quiet, and prepare to specifically review the results of the past month and a half of various pipelines with everyone, involving gold, BTC, US stocks, A-shares...
BTC-1.58%
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