Today's market (2) Let's take another look at the aspect of pending orders . (Figure 1) Let's just look at the picture without repeating it. As a whole, we are still talking about one thing: starting from 81k, we have entered the range of intensive shipments by major players. I have been buying ETFs this week So keep eating upwards . But many people are still betting that this wave may not break the previous high of 82.6k .. It's the same as what we see on the chain here, the selling pressure and distribution of visible hanging orders . ---------------- The same thing can also be seen from the whale chart. (Figure 2) Above 80k, both spot and contract whales are placing sell orders . This mode is the same as the previous 82.6k position Can you review the previous wave from April to May (Figure 3) The suppression of giant whales does exist But giant whales can also be wrong, for example, in April, the first wave of giant whales appeared on July 6th (The box on the left in Figure 3) ----------------- The ribbon model is also saying the same thing (Figure 4) Every time it reaches above 80k, the ribbon with uneven selling pressure continues to appear .. This is actually expressing the same thing in different ways: selling and hanging orders on top are thick. Suppress prices . ----------------- So this seems a bit contradictory to the previous article? There are still many models on the chain However, from the perspective of pending orders, it seems that the pressure is increasing further? Yes. . Because the models on the chain have longer cycles and are inherently lagging For example, the wave from April to May to 82k Starting from over 60000 yuan, the on chain model 71k only entered the 4-point conversion stage Later, after reaching 82k, it fell back to around 77k before falling back to a 3-point bearish trend. Relatively speaking, the game on orders is more micro and responsive. So now the long short game is digesting each other . You can still keep looking for opportunities to enter ... Next, let's continue to look at today's funding situation and plans ..