Today's Market Let’s take another look at today, starting with the funding side (Image 1). Overall, today’s premium is basically the same as yesterday… Asian session continues with negative premium. But after the data release around 8 o’clock, the premium turned positive… So the average Z-value before the session was negative… Looking at yesterday, after the U.S. stock market opened, the premium turned positive, ending with a small net inflow of $100 million. Based on yesterday’s trend, today we’ll prepare for a continued small net inflow… Watching the intraday premium (currently still positive). -------------- From the order book (Image 2) Yesterday’s low-buy zone was above the dense order area, and the bulls rushed ahead… Didn’t give a good volume breakout. For today, below this price, there isn’t a good low-buy zone with strong order resonance. Only around 78k can we consider the two-day POC (and a newly placed contract order) for scalping. Above, we can continue to monitor the reaction below the 79k price. Binance spot/contract and Coinbase spot both have significant orders here. After the U.S. stock market opens, if ETFs continue to buy another wave, let’s see if there’s a chance for volume breakout around 79k. -------- Nothing much else. This is the midpoint of the consolidation zone, not ideal for trading. Observing today is the main focus.