A very interesting contrast: the spot order book shows a strong bottom-fishing signal with a significant imbalance in buy orders, matching the strength of previous bottoms. However, the futures order book does not show a stronger imbalance. Unfortunately, futures traders have been supporting the market during the decline, and when the true bottom finally appears, they hesitate. It's truly a fascinating comparison: spot traders act quickly, accurately, and decisively with clear top and bottom judgments, while futures traders exhibit a different scene—being frantic at high levels and calm at low
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