Today's Market Update (2) Looking at the OI... OI has now reset... (Image 1) Although there's not enough signal for the bulls to enter yet, the bears can start taking profit (TP) now... ---------------- If the capital flow is similar to last week... then this pullback might repeat the previous few waves (Image 2). If we go by 4~4.5%, the potential entry point could be around 64k. But I checked the order book, and there still aren't many orders here... so the liquidity band might not be very deep. One reason is that the whale with the 1300 BTC spot order has moved their order down to 62k again... So, we can only take it step by step here... ------------- Today's strategy... No need to short from high levels anymore... For longs, still looking at the area mentioned in the previous post, around 64.6k to see if there's a volume absorption wave...