The distribution of clearing liquidity in the futures market seems to have reached a balance;
It feels like after Christmas, at the latest next week, there should be a strong market trend, with a large number of futures positions being cleared both up and down, really reminiscent of the volatile market from the beginning to the middle of the year;
Currently, I am still looking forward to the complete clearing of bullish liquidity in the 86500 area before setting new highs, while what I least want to see is small range fluctuations;
In the short term, the price above 100,000 may take a test due to the inertia of clearing bearish liquidity, but the original 4-hour bullish trend structure has been damaged in the recent week's pullback, so I personally speculate that after the rebound completes, it will have to go down to test;
Looking back in the end, this will be another long-term large range volatility market;
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