During the recently passed weekend, the market was relatively calm, with limited fluctuations. Early in the trading session, the market briefly surged to 99,500, but then reversed downward under strong pressure. Following this, the market struggled and remained stuck, oscillating within a narrow range around 96,000. As early as Saturday, we keenly captured market trends and decisively positioned ourselves with short positions at 97,000. This decision proved to be incredibly correct. In the market's slow downward rhythm, our short positions successfully gained nearly 2,000 points of space. Although the entire operation process seemed uneventful, it was quite rewarding, and the overall trading process was relatively smooth, demonstrating our precise grasp and judgment of the market.

From a global perspective, the current market is at a critical stage of oscillation and repair. Price fluctuations are confined within the mid-lower track area, and the overall trend is quite stagnant. Technical analysis shows that the support level at 94,500 below is extremely clear, like a solid defense line. As long as this point is not broken, it is expected to trigger a rebound, with a target looking towards 98,600. In this process, the breaking condition at the mid-track position of 96,600 is particularly crucial; it serves as a weather vane for market direction. Once effectively broken, it may open up new scenarios for the subsequent market development, whether it be expansion of upward space or continuation of downward trends, which will gradually become clear after this breaking point. Therefore, we need to closely monitor the dynamic changes of this key price level.

The large pie is trading around 95,300-95,600 for long positions, with a target of 98,500.

The secondary pie is trading around 2,770-2,775 for long positions, with a target of 2900$BTC $ETH $XRP #Hashdex获准在巴西推出XRPETF #bybit被盗 #山寨季來了？ .