$MU 多! The order book has laid out the bottom cards on the open—spot buy orders are so thick that they’re nearly three times the thickness of the sell side. The little sell-side wall the bears have put up isn’t even enough to count as an appetizer. The spread is so tight it doesn’t leave a gap; over the past 24 hours, the spot price is still pushing higher. The sell orders are as thin as a sheet of paper, and the bears can’t even press down with any real kind of price pressure. In both the 4-hour and daily timeframes, the direction is clearly bullish; the trend follows the same side as the order book—this move is a行情 (market move) that’s been hard-carried by the spot buy wall, and the bears can only play the role of raising the sedan chair.