$BTC's weak rebound over the weekend has emerged, and last week's pullback liquidated one-third of the long positions' liquidity, which has brought the futures market's long and short liquidity to a relatively balanced state.



Therefore, the key next week should be to see how the spot market chooses its direction?

Currently, the spot premium has fully recovered to the positive range, so the short-term market is favorable for long positions. However, if the spot premium falls again with a pullback, it will not be good...

Because the long positions liquidity below can push the price to continue to drop to 109k, that would create a weekly drawbridge market. For the previously broken new high weekly structure, this kind of drawbridge market can easily lead to a long-term bearish trend.

So, this week must go up, if it doesn't, it will be G~
BTC0.27%
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