Today's market We have reached the bottom of the 7W sales pressure zone again The ribbon has reappeared . The low bullish trend that started on April 2nd has come to a successful end . This wave of thinking can be reviewed https://((x.com))/Mrluanluan/status/2039609213866094727 https://((x.com))/Mrluanluan/status/2039609217905238493 Let's talk about today The unbalanced ribbon in Figure 1's order book reappeared around 7W. The selling ribbon of the past ten days has reappeared At least TP first . It was quite interesting when CME opened today, as a ribbon appeared below when it was still around 67.5k And then it followed and soared up .. The explanation from the trading behavior and orders is that when CME opens, there are funds trying to take orders below, but they cannot The price was directly bought, so the market price of these funds caught up That's why such a phenomenon exists ... But it's amazing -------- Figure 2 Order Book From the contract, we can see a wave of buy orders below the CME contract before its opening This is also the source of the color band below in Figure 1 .. There is now pressure to sell orders on the grid for 70k and 71k in stock The demand below is still 66k On the contract side, the bulls are currently intensively focusing to protect the low point of the Asian market .. Because if this low point breaks, it will be easy to fill the gap left by CME's opening After all, there is a wave of aggressive liquidity around 68.2k now .. (Figure 3) At the same time, while the entire Asian stock market was trading sideways at a high level, bears were also aggressively entering the market. The stop loss range extends from 70k to 71k, so if spot buying is strong in the European and American markets, you can pay attention to this range . ------ From the perspective of OI, Figure 4 shows that both long and short positions are continuously entering the market The direction of spot determines which side of the contract will be cleared ... Clear down the target and return to the gap around 67.8k~68k below Towards the upper target, the range is approximately 70-71k All are today's observation intervals . --------- I still have an empty ticket in my hand at the moment The basis is the color band interval+70k, 200 spot sell orders here, and the entry model inserted at the morning CME opening Although the entrance model didn't wake up and didn't catch it When the second attempt to explore the Asian market was made, they entered the venue . Half of the scalp has been peeled off now, and the remaining half will continue to be played . The empty TP here needs to be more aggressive, as there is a potential bearish scenario today . It's not the wave of empty space that entered today, there are also empty spaces of 70k-71k from before, see the next picture