The liquidity of the Bitcoin futures market has completely compressed the price movement range...
Or rather, it is because the range of price movements has narrowed that the long and short liquidity clearing zones have appeared in such a small range...
In the next couple of days, if the price rises, it can clear up to 108k;
If it falls, it can clear down to around 101K in one go...
Purely from the perspective of the relative clearing intensity of the clearing zone, the attraction of downward clearing is stronger...
But the problem is that the price has not yet fallen below 103.6k, and from a trend perspective, it is still a sideways market...
So the thought process is simple: if the price retraces downward again but touches the lower clearing zone without triggering a long clearing market, then 'if it shouldn't clear, it will reverse,' and we can only look at the clearing at 108k afterwards...
The opposite is also true!
Honestly, I am quite speechless about the recent market. Every time it gets to the week of the non-farm payroll data release, as long as it’s not Friday night, the market is completely dead and in a shrinking consolidation...
Sigh~ Since that's the case, let's just wait patiently! #我的COS交易