$Niu Lai’s 14:00 rebound did not continue. The 0.05570 weakening threshold was touched intraday, but the full 1-hour candle still closed at 0.05607, so no confirmed breakdown has formed. There was no formal entry plan beforehand, so no entry was made.
As of 17:00, spot was around 0.05586, down about 2.6% from 14:19. Open interest fell 7.36% over 24 hours, but only 0.37% in the last 3 hours, suggesting that sharp deleveraging is slowing. The account long/short ratio remained at 1.48, with no significant easing in crowded long positioning.
The facts: price remains below the 1-hour EMA20 at about 0.05675 and the 4-hour EMA20 at about 0.05737. The market inference is that rebound momentum is weakening, but a single intraday dip is not enough to confirm a second decline.
If a full 1-hour candle closes below 0.05570, refocus on 0.05350 and 0.05180. Only a sustained move back above 0.05740 would indicate that the recovery has regained the initiative. No chasing intraday swings tonight—only act on confirmed closes.
#牛来 #行情复盘 #Risk Management
As of 17:00, spot was around 0.05586, down about 2.6% from 14:19. Open interest fell 7.36% over 24 hours, but only 0.37% in the last 3 hours, suggesting that sharp deleveraging is slowing. The account long/short ratio remained at 1.48, with no significant easing in crowded long positioning.
The facts: price remains below the 1-hour EMA20 at about 0.05675 and the 4-hour EMA20 at about 0.05737. The market inference is that rebound momentum is weakening, but a single intraday dip is not enough to confirm a second decline.
If a full 1-hour candle closes below 0.05570, refocus on 0.05350 and 0.05180. Only a sustained move back above 0.05740 would indicate that the recovery has regained the initiative. No chasing intraday swings tonight—only act on confirmed closes.
#牛来 #行情复盘 #Risk Management