Data Analysis:

According to the current liquidation map, the market is dominated by long positions. Based on the current Bitcoin price around $107,000, if the market fluctuates up and down by $2,000 and rises again to around $109,000, it is expected that the total amount of short positions that can be liquidated will be approximately $510 million. Conversely, if the market drops to around $105,000, it is expected that the total amount of long positions that can be liquidated will be approximately $1.81 billion.

Yesterday, the net inflow of funds into the Bitcoin spot ETF was $59 million, while there was no inflow or outflow of funds in the Ethereum spot ETF yesterday.

Market Opinion:

Market Direction: Bearish in the short term. Currently, the market is in a pullback after an upward trend on the 1H and 4H charts. On the daily chart, there is already a long upper shadow, which has liquidated a wave of short positions. The main focus now is on where this pullback will show signs of stopping. Personally, I believe the market will continue to have a liquidation trend of both long and short positions in the short term. Long positions should be cautious about risks.

Additionally, as the situation in the Middle East intensifies, if the U.S. intervenes, it will affect the U.S. stock market, which in turn will influence the overall market trend. Therefore, we need to pay more attention to news related to the Middle East.

Daily Analysis:

BTC short-term focus on the lower level around 104,500, and the upper short-term focus around 108,500.

ETH short-term focus on the lower level around 2,460, and the upper short-term focus around 2,630.

SOL short-term focus on the lower level around 144, and the upper short-term focus around 154.

Contract Strategy:

BTC is advised to short at around 107,500/up on the high.

Take profit at 106,500 105,500 104,500 Stop loss at 107,500.

Conversely, it is advised to long at around 105,000/down on the low.

Take profit at 106,000 107,000 108,000 Stop loss at 104,000.

ETH is advised to short at around 2,600/up on the high.

Take profit at 2,550 2,500 2,480 Stop loss at 2,650.

Conversely, it is advised to long at around 2,500/down on the low.

Take profit at 2,550 2,580 2,620 Stop loss at 2,450.

SOL is advised to short at around 153/up on the high.

Take profit at 150 147 144 Stop loss at 156.

Conversely, it is advised to long at around 145/down on the low.

Take profit at 148 151 154 Stop loss at 142.

Friendly Reminder:

Focus on light positions with low leverage. This contract strategy is suitable for short-term traders. Please remember to take profits in a timely manner and set stop losses according to your personal position. Do not be greedy; it is better to secure small losses than to hold on! If the market direction is correct, one can choose to continue holding.