An overview of the liquidity distribution in the futures market during this period!

It is unlikely that this week will continue the trend of oscillating and declining, mainly because the liquidity accumulated in the current futures market is sufficient for larger range oscillations;

There is very dense short liquidity at the upper level of 89000, while the long liquidity at the lower level of 79500 is relatively loose but uniform;

The total amount of both is close, so it can be inferred that in the absence of strong supply or strong demand in the spot market, the futures market will spontaneously liquidate, first in the area closer to the current price of 79500, and then in the rebound peak of the rising channel at 89000.

If this week sees a drop to 79000 followed by a violent rebound to 89000, I would not be surprised at all, as most oscillating markets behave this way:

Reality confirms high volatility at the upper and lower bounds of the range, followed by small fluctuations testing the upper and lower bounds of the range, and finally both supply and demand sides complete mutual consumption, re-entering a high volatility market for the final showdown;

In other words, if higher volatility occurs in the next two weeks, then it will not be far from breaking away from the current range (95000~78000) and entering the next trend!