The core contradiction in the current market has shifted from 'technical analysis' to 'the release of position structure risks'. Before returning to normal levels, any operation should prioritize preventing the extreme risk of 'longs killing longs'.
The market has entered a 'shock period' after a sharp decline, with volume exhausted and risks temporarily eased. It is currently in a weak balance with 100,300 as the lower limit and 103,800 as the upper limit, awaiting a breakthrough.”#美国ADP数据超预期 $BTC
Open a long position and sleep, 【BTC intraday narrow fluctuations】 Consolidating in the range of 109,803-111,216 throughout the day, currently reported at 110,334. Trading volume 54,474 BTC, OBV capital flow -486,008, price under pressure, longs and shorts continuously contesting at the key level of 110,500. #美国政府停摆 $BTC