06/06 Market Analysis
🐶Flow analysis
Both the long and short parties have accumulated a lot of liquidity, so for the main force, "flushing back and forth" is very cost-effective. You can pay attention to the two volume concentration points of "70308 and 72407"
Yesterday, there was a lot of liquidation for both long and short positions, but the liquidation volume for short orders has increased to 75.25 million. I don’t think the short-selling sentiment is in place unless I see a billion-level liquidation of short orders. The more people chasing the short side, the upward momentum will continue.
🐮Sentiment Analysis
Yesterday's market trend seemed to be rising slowly, but in fact, all kinds of FUD news were flying everywhere, including "Iran wants to retaliate against Israel" and "SEC said that the current exchange behavior is something traditional finance would not do."
It can also be found that "war" and "SEC", two common news that affects the market situation, have begun to have less and less influence. This also means that "the market has anticipated these news, and the main force has not used the news to destroy the market."
From the perspective of funding rates, the trend is still bullish, while the market is on the bearish side. The trend of "rotating sectors" is becoming more and more obvious, and there is no moment when 10,000 coins rise by 10%.
But I still want to say that "this bull market will definitely be the biggest." Interest rate cuts, elections, halvings, ETFs, you can touch everything from the southeast to the northwest. How to lose?
😎Follow today
1. The inflow of ETF yesterday was considerable. As Thailand also opens up ETF buying, when traditional finance around the world can legally buy it, the progress of BTC consumption will become faster and faster.
2. Yesterday, the SEC said that the ETH ETF will take some time, and there was no negative statement, so you can pay attention to the Ether system: $eth $ena $strk $op $arb $ldo $ethfi $ssv $crv, etc.
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