The first wave occurs while everyone is sleeping, the second wave at 7 o'clock is to draw attention as you are about to wake up.
川三
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[May 19 BTC Morning Analysis | The Trap is Complete, Risk is Coming]
$BTC Review of yesterday: When the rise happened, I happened to be in @Crypto交易员朱一旦 's live room, I said this wave of rise might be a trap to lure in more buyers, why do I say this? Last night's 11 PM data overview: Contract open interest $68.597 billion (+3.82%) Funds are accumulating very quickly, and risks are building up. Contract trading volume -24.32% The trading has actually decreased, indicating that this is a rise driven by 'passive liquidation orders.' Options trading -48.59% No hedging intent, danger signal. Funding rate 0.0080 (positive and stable) Long position costs are rising, not extreme but already overheated.
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