$BTC
The clearing liquidity of the BTC futures market has completely compressed the price movement range...
In other words, it is because the price movement range has narrowed that the long and short liquidity clearing zones have appeared in such a small range...
In the next day or two, if the price goes up, it can clear to 108k;
If it goes down, it could clear down to around 101K in one go...
Purely from the perspective of the relative clearing strength of the clearing zone, the attraction for downward clearing is stronger...
But the problem is, the price has not yet broken below 103.6k, and from a trend perspective, it is still a sideways market...
So the thought process is very simple: if the price retraces down again, but touches the lower clearing zone without triggering a long clearing market, then "if it should clear but does not, it will reverse," and we can only look at the clearing at 108k afterwards...
The reverse is also true!
I actually feel quite speechless about the recent market conditions; every time it gets to the week when non-farm data is released, as long as it is not Friday night, the market becomes completely dull and shrinks in volume...
Sigh~ Since that’s the case, let’s just wait patiently!
