$Bull Comes: This morning’s “breakout but unconfirmed” has now been downgraded to a rebound: price has fallen back below the short-term moving averages, and position exits are still accelerating.
As of 13:55, spot was around 0.05708; the most recently completed 1-hour candle closed at 0.05646, below the EMA50 invalidation level of approximately 0.05710 given this morning. The 24-hour decline in open interest widened from 0.31% this morning to 1.32%, with a further 0.47% drop over the past 3 hours. The verifiable fact is that price and open interest are falling together; the market inference is that profit-takers and leveraged longs are continuing to exit, with 0.06077 temporarily acting as resistance for this phase.
There was no formal entry plan previously, so no entry was made. A completed 1-hour candle closing back above 0.05760 would count as stabilization, with 0.05900 as the next level to watch; if 0.05580 breaks, watch 0.05480.
The account long-short ratio is about 1.10, but this alone should not be treated as a bullish signal; data on position concentration and the full unlock schedule are still insufficient.
#牛来 #行情复盘 #Risk Management
As of 13:55, spot was around 0.05708; the most recently completed 1-hour candle closed at 0.05646, below the EMA50 invalidation level of approximately 0.05710 given this morning. The 24-hour decline in open interest widened from 0.31% this morning to 1.32%, with a further 0.47% drop over the past 3 hours. The verifiable fact is that price and open interest are falling together; the market inference is that profit-takers and leveraged longs are continuing to exit, with 0.06077 temporarily acting as resistance for this phase.
There was no formal entry plan previously, so no entry was made. A completed 1-hour candle closing back above 0.05760 would count as stabilization, with 0.05900 as the next level to watch; if 0.05580 breaks, watch 0.05480.
The account long-short ratio is about 1.10, but this alone should not be treated as a bullish signal; data on position concentration and the full unlock schedule are still insufficient.
#牛来 #行情复盘 #Risk Management