There may be situations of small stretches inducing more positions. If during the process of inducing more positions, the long-short ratio changes, it is also possible that the stretch will continue. My prediction is based solely on the data analysis from this morning and serves only as a reference for everyone not to buy long during this time as it is not the lowest point yet. The validity of this timing is limited to this morning. How to proceed specifically requires checking data and conducting analysis, so remember to pay attention.

Here's some data analysis and recent price fluctuation predictions for OpenCoin for your reference.

Look at spot prices in the long term and futures in the short term!

First, OpenCoin is also highly controlled by market makers. It can be said that 96% of the market capitalization is concentrated in the top three addresses. This analysis confirms this.

You've seen OpenCoin's recent drop below 1, fluctuating around 1. Doesn't it seem like it's bottomed out and ready to buy?

Not yet. As of 10:00 AM, the long-short ratio of large traders is 1.61, while the long-short ratio of large traders is 1.07. Does this indicate anything? This suggests that some very large traders are shorting. Is this very likely one of the top ten? It's still uncertain, so we can speculate! Another set of data shows a long-short ratio of 1.87, meaning that long positions outnumber short positions by 1.87 to one, indicating that retail investors are mostly long. With both large and retail traders buying long, how will market makers act to harvest the market? So, although the open has been falling all day and has already fallen below 1, I expect it to continue falling until the long-short ratio drops below 1. Let's wait and see.

If you're unsure how to interpret these data, feel free to ask me in the comments. Follow me and I'll share more useful information. We welcome discussions and hope everyone won't be fooled.

The 9:00 AM MTP for scalping is generally very stable, but it's important to carefully consider it before making any moves. Click the curve below for a direct link.