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Daily Market Commentary-
$BTC
(Figure 1) from the daily level, yesterday was a small yang line, many people saw the pie rise, and began to shout bull back, we said, the weekend is a game between contract funds, from the perspective of volume, yesterday's rise, not accompanied by an increase in volume, the amount of rise is a hooligan, so the adjustment here is still not over
(Figure 2) from the hourly level, the pie at the end of the hourly level convergence pattern chose to break upward, which is different from what we expected yesterday, here we still need to do a step back to confirm the support, the day will be dominated by shocks and falls, the contract needs to pay attention
Judging by the three-day liquidation heat map
Last night's rise liquidated a large number of large and oversized short orders, and in the 69750-70850 area, there are still a large number of large and oversized short orders waiting to be liquidated
The price is downward, there are a large number of large long orders waiting to be liquidated in the 67400-66300 area, and a large number of large and super large long orders waiting to be liquidated in the 65900-63950 area, and the key liquidation is located near 65350