2026-04-08 22:01:41

Today in the Market

Chart 1: Order Book Imbalance Bar
In the past few days, it has been very easy to trade with the bar... The market is now moving along the side with less resistance...
When entering 72.7k in the morning, the imbalance between spot prices and orders reached 4 times (The sell orders are four times the buy orders). This is also a short-term signal and a threshold...
Chart 2: Order Book
What we see in the order book matches that... After news in the morning impacted the entry of a wave of sell orders, during the consolidation period, pending orders around 72k were added, forming new pressure...
Buy orders are below 70k.
Small contracts at 72k pressured the whole market during the Asian session... On the downside, there are large orders, but most of them are spoofing (spoofing).
Chart 3: Financial Condition
Through CVD, during the Asian session, selling continues in the spot market, but the price does not drop...
It seems there is negative absorption...
But from experience over the past three to four months, after such a scenario appears, the most likely case is that the market will continue filling the gaps, and the probability of starting a new downtrend wave is relatively lower during the past bear-market period...
Chart 4: Liquidity at Stop Loss and Liquidation
The green circle (above 70k) and the yellow circle (around 69k)
are two possible targets... They are also zones that short buyers can watch to see whether they will enter or exit the pattern...
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By combining everything, today short buyers can look at around 70k (liquidity + spot orders + the previous top) as a price reaction level...
If there is no good opportunity, they should keep watching around 69k...
Buying from above is simply at the highest top before the Asian session at 72.7k; either the market will lead, or it could be a SFP (false breakout)...
And if the rise continues? There is another wave around 74k, and you can monitor the POC that appeared on March 16 and 17...

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WaterExpoChaos

2026-04-08 09:11:03

Today’s Market Layout
Figure 1 Order Book Imbalance Ribbon
Actually, over the past couple of days, just looking at the ribbon alone, it seems pretty easy to do... The market is operating along the side with relatively less resistance...
When the 72.7k insertion happened this morning, the 5% spot imbalance reached 4x.. (Sell order quantity is 4 times the buy order quantity) This is also a short-term signal and threshold...
Figure 2 Order Book
What you see on the order book is consistent as well.. After the morning news drove a wave of inserted sell orders, during the sideways consolidation, sell orders near 72k on the spot market were replenished again, turning into new pressure..
Buy order demand is above 70k.
Small contract orders are pressing at 72k, suppressing the whole Asian session.. Down below, although there are large orders, it’s mostly spoofing.
Figure 3 Funds Flow
From the CVD, throughout the Asian session, spot has been continuously selling off, but the price hasn’t gone down..
Even though it looks like there’s passive absorption..
But based on experience from the past 3-4 months, after a market like this appears, the probability of continuing to fill the gap downward is higher; the chance of pulling the second leg directly here is relatively smaller compared with this stretch of the recent bear market..
Figure 4 From stop-loss and liquidation liquidity
Green circles (above 70k) and yellow circles (around 69k)
Are two potential targets.. They are also the range to watch for whether a low-long entry model comes in and where to enter/exit..
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So, combining everything, today’s low-long can look around 70k (liquidity + spot resting order demand + yesterday’s previous high) for price feedback...
If there aren’t a good opportunity, then wait and watch around 69k..
For taking shorts, there’s nothing but the Asian session’s previous high at 72.7k—either front-run, or potentially SFP (false breakout)
Go higher again? Around 74k there’s also another wave of the March 16-17 POC you can watch...

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