#OKB Medium and long-term observations:
It is currently in the $160–180 range, with high volume and energy decay, and the structure is closer to the distribution stage.
In the short term, there may be a possibility of a rise to $190–200, but if it falls below $155, it will trigger a margin liquidation, and the target may be $120–130.
If there is no new positive in the medium to long term, the pivot may fall back to the $110–160 range.
In terms of operation, the medium and long-term can be lightly bought around the current 160, and it is better to wait patiently for large positions to wait for $120–130 to buy low.
Risk warning: If the funding rate of derivatives is high + the position is too large, liquidation stampede may occur at any time.
$OKB
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