Last night's divergence between spot and futures indeed had some effect, with prices once again breaking lower to a new minor low. What happened behind the scenes is that Trump has once again taken on the role of 'Tax King'...
However, as the pullback unfolds, the spot premium has once again shown a bottom divergence, releasing short-term risks...
The market over the last three weeks still looks like a descending wedge, so it can be considered a sideways market. There should be a demand for a rebound in the short term, but there is still no trending direction in the long term. Let's continue to wait~
