Good Saturday Evening
The market set a new high last night
Will there be a wave of correction?
Data Analysis:
From the current clearing map data, it indicates that if the market drops to around 74800, it will cumulatively liquidate long positions worth 671 million USD. Conversely, if the market continues to rise to around 77800, it will cumulatively liquidate short positions worth 388 million USD. It is clear that there are still many long positions, indicating that the market's bullish sentiment remains optimistic, but it also means that risks are increasing.
Although the market has again set a new high and cleared a wave of short positions, it can be observed that there are still many short positions. As the market slowly rises, many long positions will begin to take profits and exit, and there may even be a reversal to short positions. So keep a close eye on the market's upcoming trends.
Daily Analysis:
The last two market highs have been achieved slowly, and the fluctuations in the rise are not significant. From the current market trend, it appears that the market will slightly correct downwards like yesterday, and then enter a sideways consolidation state. In the short term, the overall market will move within the range of 75500-77500. Ethereum has been performing quite well recently, and in the short term, it will move within the range of 2900-3000. Solana has not disappointed, breaking above 200 directly yesterday, and in the short term, it will move within the range of 194-205.
Daily Viewpoint:
Currently, the market is slowly rising, and the fluctuations are not large. Overall, Saturday evening is still in this “high position” followed by sideways oscillation, and a change in trend will have to wait until next week.
I believe there will be a wave of correction in the market, so I would like to remind everyone to pay attention to the market correction, please remember. The reason is simple: the market's short-term favorable conditions have temporarily exhausted. Additionally, the bullish positions in the market are heavily weighted; if a wave of long positions is not liquidated, it will not be beneficial for the subsequent rally. Especially for friends trading contracts, this needs to be taken seriously.
Contract Strategy:
BTC Long at around 75700, Take Profit around 76700
ETH Long at around 2920, Take Profit around 2968
SOL Long at around 194, Take Profit around 205
Friendly Reminder:
1. This strategy is suitable for investors who like swing or short-term trading. Please remember to take profits in a timely manner and set stop losses according to your personal position; better to incur a small loss than to hold a losing position!
2. If the market direction is correct, you may choose to continue holding.
3. If you need analysis on other cryptocurrencies, please feel free to leave a message, and I will provide advice based on different position situations.
#大盘的下一步?