$FIL 1-hour chart: The rebound stalled immediately at the 0.759–0.775 resistance band, with every push higher forced back down by overhead selling pressure.
The most striking feature is the divergence between volume and open interest: as the price moved up, contract open interest (OI) kept sliding, while the bullish MACD histogram bars never really expanded.
This is a classic “price up, open interest down” move. The market is being driven purely by short covering from earlier positions; there are no new buyers stepping in from the sidelines to carry the rally forward.
The bearish structure, with each previous high moving lower, remains intact, and sell orders are firmly stacked around 0.775. This weak rebound, lacking volume and open interest, cannot hold above resistance. Consider shorting into strength in line with the trend, or stay on the sidelines to manage risk—don’t become liquidity halfway up the hill.
#CPI高于预期，美股与BTC再度承压 #FIL $FIL #INIT $INIT 👇
The most striking feature is the divergence between volume and open interest: as the price moved up, contract open interest (OI) kept sliding, while the bullish MACD histogram bars never really expanded.
This is a classic “price up, open interest down” move. The market is being driven purely by short covering from earlier positions; there are no new buyers stepping in from the sidelines to carry the rally forward.
The bearish structure, with each previous high moving lower, remains intact, and sell orders are firmly stacked around 0.775. This weak rebound, lacking volume and open interest, cannot hold above resistance. Consider shorting into strength in line with the trend, or stay on the sidelines to manage risk—don’t become liquidity halfway up the hill.
#CPI高于预期，美股与BTC再度承压 #FIL $FIL #INIT $INIT 👇
