At night, the funding changed sharply in a positive direction, creating favorable conditions for market correction. As a result, we experienced a drop of 2%, and we are currently trading around $94,000.
I understood that we should soon see a cooling off; however, due to the negative funding, I allowed for the possibility that this would happen after another bounce. But, as a result, the funding changed unexpectedly, and we experienced a correction a bit earlier.
At the moment, we have 2 open gaps at $91,900 and $97,000, which we need to close in the near future. Considering the current greed in the market and the beginning of a local downtrend, we will likely see the closing of the lower level first, after which we will head towards $97,000.
