The super macro news week is coming..

Well, as mentioned last week.. this week is a week filled with various macro news.. Expect significant volatility..

(Originally, last week was supposed to be calm, but then a giant whale sell-off caused a stir..)

The major events this week are roughly as follows:

1 Old Zhong and Old Mei's new round of negotiations...

Results are expected on Wednesday or Thursday.. Based on recent reports of both sides extending the deadline by 90 days.. It seems the hope for a framework this time is not great (Old Mei's current focus may still be on dealing with Europe)

2 On Wednesday, the small non-farm report + GDP data + Federal Reserve interest rate decision (early Thursday)

3 On Thursday, the PCE price index

4 On Friday, non-farm payrolls

Any data that deviates too much from expectations.. will cause volatility.. We'll provide specifics on the day..

Looking back at yesterday's wave.. it indeed started stirring after midnight on Sunday.. After receiving a high at 11.9, it suddenly surged up.. In the morning, after receiving a high below 12W, I cut losses and ran..

Both pullbacks at these two positions were less than 1000 points.. It feels like this bullish wave is a bit strong.. Let's not short for now... It might directly clear the bearish liquidity around 12.1w..

From the order perspective, the spot market is currently still around 12W.. Roughly 200 coins in spot.. However, in terms of reaction, it has already tested four times, and several of them are still very resilient after testing.. CVD also shows continuous buying pressure.. I don't plan to continue trading here..

Today's strategy... Low aggressive longs around 11.82~11.85, unsure if there will be an opportunity.. The densely traded range from the weekend's two days..

For high shorts, I still don't plan to place orders early.. I will still observe the breakout situation at 12W and the price reaction here at 12.1w after clearing the upper levels.. In short, when I can't connect with this low long strategy yesterday and today, it feels like we need to keep pushing upwards...