Today's market In the past two days, a real wave of selling pressure has been observed on the chain Selling pressure comes from short-term investors taking profits . (Short term customers with 60k and 63k entry) (Figure 1) The realized profit is close to 1 billion yuan in one day and about 1.5 billion yuan in two days .. This scale has already exceeded the profit taking scale during the previous two rounds of rebound of 98k and 83k . ------------- Selling pressure depends on whether the demand can be accommodated . Today, the demand for ETFs continues to exist in the pre-market Coinbase market and remains positive. The amplitude is not large, and the Z value is also not high . (Figure 2) So it is speculated that the inflow will continue to maintain a scale of 200-300 million .. ------------- From the pending orders, it appears that only the buying of the contract below has reference (Figure 3) A large wave hung between 77k and 78.4k . So if there is a chance to dive in, it is a much lower chance for RR. Like the green line. But I'm afraid they've all seen the pending orders below, so I won't go sideways at this point (If no one sells it, they can't buy it.) Walking along the blue line is boring and difficult to grasp when entering. ------------ Combine POC to see (Figure 4) The POC from yesterday is being repeatedly tested now The following 77-77.5k is a stronger support for Friday and weekend three-day POC . It will be a very worthwhile low and long range to squat on The profit and loss ratio is very good