Data Analysis:
According to the current liquidation map, the market is dominated by bearish forces. Based on the current Bitcoin price around $104,600, if the market fluctuates up or down by $2,000 and rises again to around $106,600, the total estimated liquidatable short amount is about $1.3 billion. Conversely, if the market drops to around $102,600, the total estimated liquidatable long amount is about $1.178 billion;
Yesterday, the U.S. stock market was closed for a day, and there was no data for Bitcoin and Ethereum spot ETFs yesterday.
Market Viewpoint:
Market Direction: Short-term consolidation is the main trend. From the current market trend, the overall daily level is still in consolidation, and the overall market fluctuation was very small yesterday. Therefore, without special influences, the market will continue to consolidate. Of course, for narrow fluctuations, it is more suitable for swing/short-term trading back and forth, while the current news mainly focuses on the previously mentioned Israel-Palestine conflict, Trump, etc. Everyone should pay more attention.
Personally, I believe the market is still in consolidation mainly due to the instability factors, with more participants choosing to wait and see until the situation becomes relatively clear before a new trend emerges. Additionally, we are already in the latter part of this month, and if it continues to consolidate, we still need to pay attention to the principle that what goes up must come down. The short-term contract strategy remains swing/short-term unchanged.
Daily Analysis:
BTC short-term focus on the lower side around 103,000, upper side short-term focus on 106,500.
ETH short-term focus on the lower side around 2,460, upper side short-term focus on 2,600.
SOL short-term focus on the lower side around 142, upper side short-term focus on 150.
Contract Strategy:
BTC suggested to short near 105,500 during a rise/short on rallies.
Take profit at 104,500, 104,000, 103,500; stop loss at 106,500.
Conversely, suggested to long near 103,500 during a drop/long on dips.
Take profit at 104,500, 105,000, 105,500; stop loss at 102,500.
ETH suggested to short near 2,550 during a rise/short on rallies.
Take profit at 2,530, 2,500, 2,480; stop loss at 2,600.
Conversely, suggested to long near 2,480 during a drop/long on dips.
Take profit at 2,500, 2,530, 2,550; stop loss at 2,440.
SOL suggested to short near 150 during a rise/short on rallies.
Take profit at 147, 144, 142; stop loss at 153.
Conversely, suggested to long near 143 during a drop/long on dips.
Take profit at 146, 148, 150; stop loss at 140.
