Data Analysis:
According to the current liquidation map, the market is dominated by short selling forces. Based on the current Bitcoin price around $104,600, if the market fluctuates by $2,000 up or down and rises again to around $106,600, the estimated cumulative liquidatable short amount is approximately $1.47 billion. Conversely, if the market drops to around $102,600, the estimated cumulative liquidatable long amount is approximately $1.08 billion.
The net outflow of funds from Bitcoin spot ETF yesterday was $214 million, and the net outflow from Ethereum spot ETF yesterday was $5.4 million.
Market Opinion:
Market Direction: Bearish in the short term. With the escalation of instability in the Middle East and U.S. involvement, the market is also following U.S. stocks downward. From the current market trends, the overall rebound strength in the short term is relatively weak, while Ethereum appears to be relatively stronger, indicating that Ethereum has been more resilient during this period. Personally, I suggest focusing on short-term contracts for now, as there are multiple uncontrollable factors at play. Additionally, pay attention to the U.S. interest rate decision and Powell's speech at 2 AM tonight. The market generally believes there will be no interest rate cuts this month, so it’s important to pay close attention then.
Daily Analysis:
BTC short-term focus on the downside around 102,000, and the upside short-term focus around 106,500.
ETH short-term focus on the downside around 2,430, and the upside short-term focus around 2,580.
SOL short-term focus on the downside around 142, and the upside short-term focus around 152.
Contract Strategy:
BTC recommends shorting when it rises to around 106,000 / short on rallies.
Take Profit at 105,000, 104,000, 103,000; Stop Loss at 107,500.
Conversely, recommend going long when it drops to around 102,500 / long on dips.
Take Profit at 103,500, 104,500, 105,500; Stop Loss at 101,500.
ETH recommends shorting when it rises to around 2,570 / short on rallies.
Take Profit at 2,520, 2,480, 2,450; Stop Loss at 2,600.
Conversely, recommend going long when it drops to around 2,440 / long on dips.
Take Profit at 2,480, 2,520, 2,560; Stop Loss at 2,400.
SOL recommends shorting when it rises to around 151 / short on rallies.
Take Profit at 148, 145, 142; Stop Loss at 154.
Conversely, recommend going long when it drops to around 143 / long on dips.
Take Profit at 146, 149, 151; Stop Loss at 140.
