Mainstream Coin Trend Warning: BTC/ETH Downward Fluctuation Risk Intensifies, Beware of Long Position Liquidation and Sharp Decline
Bitcoin (BTC): Expected trading range is $103300-$101000, overall showing a downward fluctuation trend, need to guard against sharp drop risks.
Ethereum (ETH): Expected volatility range is $2620-$2480, trend is also showing a downward fluctuation, beware of sudden pullbacks.
Risk Warning: Recently, the market has accumulated significant gains, long position liquidation may trigger selling pressure, leading to a rapid price drop. During the day, it is likely to maintain sideways fluctuation, while at night, key attention should be given to the 20:30 data guidance — even if the data is positive, one should be cautious of a spike followed by a drop, with the whole day primarily characterized by a downward fluctuation trend.
Medium-term Outlook: There is a possibility that BTC may start a 1-2 month daily wide fluctuation around $105000, and ETH around $2600 (BTC fluctuates about 8000 points, ETH about 300 points), with the last wave of upward momentum possibly occurring before and after interest rate cuts, followed by entering a profit-taking phase.
Altcoin Strategy: Recently, when rebounding to the 30%-50% range of the decline since December 2023, it is recommended to decisively liquidate positions and lock in profits.
