Today's Market Let's continue with today's update... This morning's short position hit the first POC target below... (Image 1 in this post, Image 3 in the quote tweet) On days with sluggish trading volume, these naked POCs still provide strong guidance... (There's another one at 63.6k below, keeping an eye on it this week) ---------- From a capital flow perspective, Coinbase's real premium before the market opened today remains slightly positive. (Image 2) So we can continue to watch for ETF net inflows today... But looking at Monday and Tuesday, the strength of net inflows has been steadily decreasing (probably why 65k couldn't break through again yesterday). Today, we still need to watch if there's a chance to test around 65k again... But the biggest variable today is that Binance spot is still dumping. (Image 3) ---------- From the OI (Open Interest) perspective, the leveraged funds that went long and short during yesterday's push to 65k have completely exited during the Asian session today... (Image 4) OI has reset back to yesterday's levels... This means that intraday today, there’s still ammo for funds to push in one direction... ------ To be continued