1. Personal point: The last time the price touched 5800, a new main force (CM) was involved, and the price rhythm has changed significantly. I am not sure what the purpose of this new CM is.
2. The rising wedge is still in operation, and the price volume exceeds 7600 to declare the failure of the adjustment wedge.
3. The operation is not recommended to be long below 7700. You need to be patient and wait for the upper strong pressure zone to break through before entering the Long position.
4. The bullish sentiment in the market has been mobilized, and both the premium and the funding rate have been reflected. However, as the current spot market dominates, it cannot be subjectively believed that the CM is going to kill Bulls.
5. Daily level trading volume shrinks and rebounds.
There is a saying in China: no rabbits and no eagles, wait patiently for the next trading opportunity!
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