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BTC fluctuated between 76K-78K for 4 days, open interest and spot CVD continued to decline, funding rate turned positive, above 78K-80K, below 76-75K accumulated a large amount of liquidity,
Recently, whether the price goes up or down, (above rebound at 78.5-79.5K open short, below 76-75K open long) closely monitor the price action within this range,
Personally, I think after reaching above 79-80K to gather upward liquidity and forming a head and shoulders pattern with the right shoulder, it will fall again below 75K, with a higher likelihood of dropping to 71.7K. #Polymarket每日热点