The decline came as expected. It has been rising for a while. Taking advantage of the non-agricultural data, we have to do something. From 7.2W to the current 68420, the callback is 3580 points, and the expected callback is 5000 points. Now we don’t expect a callback of 10,000 points. The interest rate cut is imminent. Unless there is a big black swan, the S3 season will start. 5,000 points may be the current limit. Look at the weekend. It may be sideways. Maybe I want you to spend the weekend with peace of mind.

An interesting data, so many positions have been blown up, but the overall position has increased. I like this kind of head-on operation. Why did it fall so much today? Let’s talk about it in hindsight:

Yesterday, the total BTC open interest reached a record high of more than 38 billion US dollars, which exceeded the record high in March this year.

With so many ammunition to pick up, there will generally be a classic long and short double explosion. Clear all those with high leverage. This is the meaning of drawing the door (whether it is the main door or the reverse door). Why do you always sneak into our homes in the middle of the night? I'm here to post V:1742540051. Is it to target Chinese people?

After this wave of long orders, it is estimated that short orders will be exploded within two days.

The grand narrative is slowly unfolding, don't be impatient, brother. #bnb历史新高 #TopCoinsJune2024 #山寨季何时到来？ #非农就业人数高于预期 #第55期新币挖矿IO