💡 Many of you know how well the MM (market maker) levels work, which are taken from the CME regulator's reports.
These ranges are usually updated every 1-2 months, but sometimes there are preliminary values, where instead of two ranges, three may appear! So, right now is just such a case.
Upper boundary: 79500 / 83600
Middle: 72590 / 75270
Lower boundary: 60330 / 64490
How to interpret these values?
I speak for myself! As long as the price is above the middle, namely 72590 / 75270, there is a high likelihood of movement towards the upper boundary at 79500 and 83600, respectively. But if trading drops below the middle, it will open the way to the lower boundary at 64490 / 60330.
It is important to note that these are preliminary values! The final two ranges are usually published 1-2 weeks after the preliminary ones. We will wait, and if something new appears, I will definitely write in the channel!
P.S. Market maker levels are the designation of the buying and selling price range on the chart, taken from the CME (regulator) website. They show where the market maker is willing to buy or sell the asset. The data is dynamic and may change!