Chapter10

$POWER Someone is buying spot at the 0.8 level, accumulating, indicating that in the next couple of days, there will definitely be a rally, pushing the price above its spot cost of 0.8. However, that doesn't mean it will bottom out tonight. Anyway, spot at 0.8 is probably safe, but the futures may still experience another dip.

$POWER Usually, a significant decline occurs in two waves. If these two 15-minute candles do not show a strong rebound and instead fluctuate back and forth between 0.8-0.9, it indicates there is still another wave of decline. Those who look at funding rates of -2 and shout about continuous buying and holding to go long will end up losing everything, even their underwear.