BTC#The current distribution of liquidity in the futures market appears to be relatively favorable for the bulls. As the spot premium declines, it indicates that the dominant price in the coming week is likely to be influenced by local fluctuations in the futures market.

Therefore, in the short term, there is still hope for the price this week to clear the high short liquidity against the negative spot premium, with the first target at 122.2k and the second target around 126k;

Due to the liquidity gap between the two clearing zones above, it is still challenging to complete all clearances at once...

Only with the price rising, and the shorts willing to short at the top, while the spot premium begins to recover, is it possible to reach 126k in one go;

On the other hand, regarding bullish liquidity, although the current weight has slightly decreased with last week's correction, a coherent and dense bullish liquidity has already begun to accumulate at positions that are relatively far from the price...

This indicates that in the next two months, if there is a price breakout correction, there is a higher probability that the correction will evolve into a deeper pullback, with targets at 103k~105k. In other words, within the current range, either continue to push up, distancing from the bullish clearing zone, or maintain oscillation, and then be buried by a wave of pullback bringing a weekly closing door...

So for BTC, I only hope it can maintain high-level oscillation for as long as possible, the longer the better, at least giving altcoins a chance over the next 2 months...