Today's market I don't feel very good squatting today ... it could be a day of contraction and oscillation .. As shown in Figure 2 Recently, the on chain API has been broken and the data on the chain cannot be seen . Figure 1 Order Book The buy order pressure for the spot below is still hanging on 76k and 76.7k, and the sell order pressure is still 79k (78.5-79k plus a large amount needs to be paid attention to) The contract remains unchanged, indicating a range of oscillation around 76.5k and above 78k .. It is worth paying attention to Ethereum around 2090, as there is a large wave of 50000 Ethereum contract pending orders We need to check for spotting and potential signs of absorption at that time. If there is an opportunity for narrowing, we can pay attention . Figure 2 shows today's overall deduction If there is no external stimulus, it is estimated that it will still experience contraction and oscillation . Yesterday, after hitting a long position below 77k, the liquidity did not rise above 78.5k, so it is speculated that there will be a contraction today . If we can break out of this contraction, the range of observation above and below will still be 78.5k-79k. Here, there is both a week's accumulation of liquidity (Figure 3) and a wave of gaps that can be filled over the weekend, as well as 79k sideways POC and 79k spot sell orders . It's actually a bit difficult to lower it down The opportunity to stack POC with liquidity below 77k yesterday has been done. This POC has been tested once and is not very stable when tested again . Based on the liquidity shown in Figure 3, there is a slight decrease below 77k today But it's not very feasible here, we need an entrance model It's a bit radical (Because POC testing was conducted yesterday) More stable, around 76.5k would be better. Accumulated liquidity for this week, as well as pending orders for 76.7k spot and 76.5k contracts. 75k further down is a place where many people want to enter . So today, let's continue like this week, don't guess the direction, but give both ends a chance to get in ..