on the 7th of June, and extra volatility was expected at the FOMC meeting scheduled for the 12th of June.
However, the capital inflows into the king coin were still slightly above average as of press time, as shown by the CMF . That said, the recent drop has cleared the long liquidity at $68K. However, the next key liquidity was overhead, at $70K and $72K, as shown by Coinglass data.Source: Coinglass“As we anticipate what the Fed has to say in this week’s FOMC meeting, the desk saw more near-dated bullish flows this session, with Call skew increasing over Puts.”
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