Share the latest contract and spot order/liquidity data views and operational suggestions.

Judging from the data on hyblockcapital, the liquidity within 26000-27000 in January has been hit. The liquidity in March was at 24k. It has only been briefly touched at present, but there is still nearly 70 billion near 24k. USD liquidity.

I will first put a question mark on whether this data is that large, but there are still many long orders around this area, so there is no problem with liquidity. To put it simply, there is still the possibility of going down.

Judging from the data on tradinglite, there are still many pending orders for spot prices at 25,000. The contract had many pending orders at 25,800 this morning, but then the orders were canceled and placed at 25,950. I personally feel that this amount can provide support. We still have to be cautious, because it is a bit thin. If this area is supported, there may be a decent rebound, and the short positions above will be liquidated.

This coincides with the analysis from the K-line chart. The 25350 area is indeed supported. This is the last psychological defense line of the bulls and must be defended (according to the previous experience of big declines, usually the bulls will defend wherever they want to defend). will break).

I don’t recommend buying the bottom easily with full positions. After all, there is still a lot of liquidity below. At the same time, I don’t recommend shorting here because the resistance below is very close. Even if it falls in a short period of time, it will be counterattacked by the bulls. If so, the profit and risk are not proportional.

The liquidation level of the liquidity chart can only be used for reference now, and cannot be used as a basis for opening orders. From the perspective of Kingfisher, 27000-30000 has a lot of short liquidity, but the trend does not even have a decent rebound, which is really inconsistent. As for the expectation of going long, if you want to go long in this area, you have to wait for the trend to pick up before going to the right side, which is safer.

It's best to wait and see first. Don't rush to close the position first. Liquidity must also be accumulated. The explosion of more than one billion US dollars and the outflow of hundreds of millions of spot funds cannot be repaired in a day or two.

If there is a decent rebound later, long positions should consider whether to reduce part of the position first, and at the same time see if they can find a better entry point for short orders.

My language skills are limited and I cannot express how to deal with all situations. Everyone is welcome to communicate in the comment area.