CME is not waking up, not watching anymore.. Watching a wave before bed


Figure 1 First look at Open Interest, which is still at the historical extreme levels of this cycle.. (based on BTC)
Although the weekend market looks calm, in fact both bulls and bears are still active.. Just waiting for a trigger in a certain direction...
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Figure 2 The order book currently has little reference.. Over the weekend, it mostly operated in a relatively empty zone in the middle, with both sides placing orders..
From the order book, the key zones for bulls and bears are still around 65k, below the previous low at 65.5k, and around 67k~68k... All have potential to be absorbed.
Ethereum is the same, the entire 19xx range is driven by demand...
So now it’s just that both sides have laid out their formations, just waiting for the external drum to beat..
This drum could be a wave of capital breaking the balance after CME opens, it could be geopolitical tensions (Iran), or it could be someone’s words... You know what I mean..
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The first target level can still be continued to be wished for based on liquidity...
From the previous order book, key levels are around 65.5k and 67.5k..
Based on liquidity and hyperliquid clear stop-loss orders, these two levels are also relevant..
Let’s see if there’s a chance after CME opens...
BTC-0,54%
ETH-1,11%
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