$Niulai has already triggered “initial stabilization,” but not “structural improvement”: there has been a rebound, but crowded positions have not truly exited.
At 14:00, spot was around 0.05657, and the most recent completed 1-hour candle closed at 0.05647, meeting the condition of reclaiming 0.05600 this morning. However, it remains below the 1-hour EMA20 at around 0.05679 and has yet to reclaim 0.05700. Perpetual open interest is still up 4.06% over 24 hours, and the account long/short ratio has risen to 1.129; meanwhile, the increase over the past 3 hours has slowed from +1.13% this morning to +0.27%. There was no formal entry plan before, so no entry was made.
The facts are that the rebound has continued and the pace of position buildup has slowed, but existing positions remain elevated. My assessment is that risk has shifted from “rapid position buildup” to “high positioning while waiting for direction.” A completed 1-hour candle above 0.05685 would put 0.05740 in focus; if price falls back below 0.05550, initial stabilization is invalidated, and attention returns to 0.05480. The rebound has not yet developed into a reversal.
#牛来 #MarketRecap
At 14:00, spot was around 0.05657, and the most recent completed 1-hour candle closed at 0.05647, meeting the condition of reclaiming 0.05600 this morning. However, it remains below the 1-hour EMA20 at around 0.05679 and has yet to reclaim 0.05700. Perpetual open interest is still up 4.06% over 24 hours, and the account long/short ratio has risen to 1.129; meanwhile, the increase over the past 3 hours has slowed from +1.13% this morning to +0.27%. There was no formal entry plan before, so no entry was made.
The facts are that the rebound has continued and the pace of position buildup has slowed, but existing positions remain elevated. My assessment is that risk has shifted from “rapid position buildup” to “high positioning while waiting for direction.” A completed 1-hour candle above 0.05685 would put 0.05740 in focus; if price falls back below 0.05550, initial stabilization is invalidated, and attention returns to 0.05480. The rebound has not yet developed into a reversal.
#牛来 #MarketRecap