$The bulls are coming. Yesterday saw long capitulation; today brings repositioning after liquidations. Positions are starting to return, but bulls and bears have yet to agree on a direction.
As of 11:00, spot was around 0.05436, down 1.72% over 24 hours. Open interest turned positive, rising 0.44% over 24 hours; the long/short account ratio fell to 1.02, while the funding rate remained around 0.005%. Verifiable facts: price is moving sideways, positions have trickled back in, and the long/short balance is nearly even. The market inference is that low-level trading has resumed, but no active buying pressure has taken the lead yet.
Yesterday's condition for halting the decline at 0.05695 was not triggered, and 0.05200 has not been breached again. There was no formal entry plan beforehand, so no entry was made. A full 1-hour close back above the EMA20 near 0.05476 would ease concerns; holding above the EMA50 near 0.05669 would signal structural recovery. A break below 0.05330 would put 0.05200 back in focus.
The 4-hour RSI near 25 indicates only oversold conditions. Data on position concentration and complete unlock schedules remains insufficient.
#牛来 #行情分析 #Risk management
As of 11:00, spot was around 0.05436, down 1.72% over 24 hours. Open interest turned positive, rising 0.44% over 24 hours; the long/short account ratio fell to 1.02, while the funding rate remained around 0.005%. Verifiable facts: price is moving sideways, positions have trickled back in, and the long/short balance is nearly even. The market inference is that low-level trading has resumed, but no active buying pressure has taken the lead yet.
Yesterday's condition for halting the decline at 0.05695 was not triggered, and 0.05200 has not been breached again. There was no formal entry plan beforehand, so no entry was made. A full 1-hour close back above the EMA20 near 0.05476 would ease concerns; holding above the EMA50 near 0.05669 would signal structural recovery. A break below 0.05330 would put 0.05200 back in focus.
The 4-hour RSI near 25 indicates only oversold conditions. Data on position concentration and complete unlock schedules remains insufficient.
#牛来 #行情分析 #Risk management