Regarding the market trend, I think BTC6w is bound to break in the long term. As for where it will break effectively, I can’t see it so far at present. I can only say that this is the beginning of a weekly level retracement. But in the short term, I think it will rebound recently. There are 3 reasons:

1. Long leverage was cleared for two consecutive days over the weekend, and the funding rate turned from red to green.

2. The war did not expand and escalate as expected.

3. KOL teachers who saw BTC at 8w a week ago have collectively started to see 5w or even 4w.

So I bought a little spot from the weekend to today. Ideally, I will wait for a rebound of more than 10% here. If it does not reach the point, I will break directly and then continue to take it depending on the situation. I think the current market environment is extremely unfriendly to contracts, and there is no need to gamble on contracts.