Today's market Let's look at each data one by one . First, look at the order book .. (Figure 1) Starting from 65k, there hasn't been any significant selling pressure for spot goods .. Until 80k, this is the first major checkpoint. Now there are two big waves of 400 BTC and 160 BTC hanging here There is also a large wave at 82.5k above (close to the high point before 82.8k) The contract is also hanging at 80k So today's rush is basically equivalent to running 80k . Compared to yesterday, there is a significant decrease in the support for buying contracts. The protection for the 71k contract did not continue to move up yesterday. The overall space below is very empty now. The first wave of buying demand is expected to be spot at 76k and contract at 75k So, just by looking at the imbalance of this pending order (selling at the top far exceeds buying at the bottom), you can also tell that the unbalanced ribbon has finally appeared. ----------- Ribbon model (Figure 2) From the ribbon model, it can be seen that below 80k, the imbalanced ribbon above is the first continuous occurrence in this wave of upward movement. The call wall of the 80k integer level combined with options at 80k (Figure 3) Overlay various color bands for selling and hanging orders I ran away from here today. Simultaneously inserting below 80k is also a wave of maximum volume increase from 70k to 80k since the needle of maximum liquidation of 70k bears . Those who haven't squatted to this position are fine, there should still be a chance . (Late writing... By the time I write this, the first wave of the ribbon has already come down) --------------- Coinbase pre market premium aspect .. (Figure 4) Although it was overall positive before today's trading session But the proportion of inserting negative values is higher than yesterday and the day before yesterday. It can also be seen that there are differences on the American side today However, since the overall average is still positive . So overall, the inflow should still be today, but it may not be as strong as yesterday and the day before yesterday when it dropped below 500 million to 600 million . (Continue monitoring after the opening) If ETFs still have inflows, then we should look at the possibility of another wave in the US market . ------------- So today, there should be a tremor around here Perhaps even explore around 80k again The high point of the London market is difficult to become the high point of the whole day After the weekend closing ETF buying stops, it can still hold the 75-76k line over the weekend . It is expected to continue testing the previous high of 82.8k Breaking through the high of 83k in this major cycle is the key to standing firm and looking for higher 10W, 12W, and 15W