Today's market The rebound from yesterday's 77.6k POC to now . Overall, it is still mainly focused on short selling and bursting short positions . First, let's take a look at Figure 1. The overall trend of spot CVD polymerization has been declining from yesterday to today . Just the CVD contract is on the rise . That is to say, there is more active selling pressure on spot goods and more active buying pressure on contracts. Combining OI will make it clearer (Figure 2) Since the previous 80.6k meeting, bears have been actively entering the market. The contract aggregation delta (CVD) has been declining all the way, with active selling dominating and OI continuously rising, so it has always been bearish actively opening orders to enter the market. Until yesterday when it hit 77.6k and rebounded, OI decreased, DELTA increased, and bears left in a flat position So now this wave is still a very standard bearish trend. And the entry point of this wave of bears is around the high point of 80.6k. So if we keep going like this now .. Blindly guessing the final interval of this round of close call requires seeing the SFP from 80.6k reach around 81k. At that time, OI may come to the vicinity of the reset line and complete this round. -------------- Based on the current pending orders (Figure 3) In today's rebound in the Asian market, contract buying has been chasing up and raising prices. The other ones are the dense contract hanging range above 81.6k and the spot selling range of Coinbase 81k. Based on the above forced air scenario, Today, around 81k is still a very worthwhile high-altitude area to squat in. (Short position fuel burned out+intensive sell order suppression above) ------------- Structurally speaking (Figure 4) Now 77.6k POC has been knocked out, and I believe many bears and bulls are targeting this potential position .. Now there are 81k POCs under multiple resonances above So today's squatting benchmark scene, can we still touch up to 81k. Before CPI, it is highly likely that it will still fluctuate within this range (78-82k) -------------- So the overall framework for the next week's thinking (before CPI) 75k-77k remains the core demand area for long positions in spot trading. If you come here to find an opportunity to enter. 78k -80k, the spot orders here are very thin During the opening session of the US stock market, it is possible to quickly break out of a 1000 point fluctuation and oscillate Being relatively random is not easy to do well. The further bearish trend of 80k (with 80k Binance spot orders being eaten up as a focus) may continue to clear the market and hit Monday's high until OI resets. Up and down at 81k is the high-altitude area where we squat today, and we will enter with a large amount of squatting.