POC Direction Selection


If it fails, then go to 64k
If it succeeds, then go to 80k
What should we do? Guess or take a gamble?
At this point, we need to look at other data
1. Order book: 2.5% depth shows strong buying interest
2. Changes in the order book: bids are withdrawing, asks are increasing
3. Order book absorption: strong sell orders, but no new lows in price, indicating effective absorption
Therefore, I believe it is unlikely to break substantially downward; a spike or short-term drop followed by a rebound is more likely. There is a CME gap below that might be filled.
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