Today's Market Overview From yesterday to today, everything has basically followed yesterday's script... 77.3k couldn't break upward yesterday, oscillated below, and after breaking out during the Asian session today, it started a complete large-range rotation. However, OI (Open Interest) hasn't significantly decreased yet. Both longs and shorts are still in the market, and the large-scale liquidation hasn't been completed. (Figure 1) Yesterday, ETF resumed net inflows, and today Coinbase's real premium slightly turned positive before the market opened. So for the remaining positions in the lower color band, the target is still to aim for the upper edge of the range VAH at 79-80k. (Figure 2) 80k will be very critical... There's a lot of short liquidity above, a potential LH (Lower High) range. If it can't break upward, it will lead to a new round of downward range rotation. If it can hold above and form an HH (Higher High), then there's a possibility for further upward movement. --------- Current Orders (Figure 3) Still the same as last week... Between 75~80k, the spot order book is very empty... Trading intraday in this range is still in hard mode... Can only wait for volume spikes. Whales are still placing orders at 75k and 80k (Figure 4) These two levels remain the two potential entry zones for swing trades. ---------- Today's Plan... If it reaches 79-80k, see if there's volume to short from the top. For low buys on pullbacks, watch 77~77.5k... (77.3k trapped shorts + 77k contract orders)