Data Analysis:
Based on the current clearing map, the market is dominated by short selling forces. With the current Bitcoin price around $100,700, if the market fluctuates up and down by $2,000 and rises again to around $102,700, the total liquidatable amount for shorts is expected to be about $1.6 billion. Conversely, if the market drops to around $98,700, the total liquidatable amount for longs is expected to be about $365 million;
Market Viewpoint:
Market Direction: Short-term volatility is mainly bearish. From the current market trend, it appears to be entering a phase of short-term consolidation, but the market remains unstable, primarily influenced by the Israel-Palestine conflict and news of the U.S. joining in on strikes against Iran, which led to a decline in the market at the end of Saturday. Currently, the market is hovering around $100,000, but this is still not stable, and we will have to see what happens when the U.S. stock market opens tonight. Personally, I believe there is a high probability of a decline when the U.S. stock market opens, and if the situation escalates again, it will exacerbate global financial fluctuations.
Additionally, there are quite a few other news events this week, especially with Powell giving multiple speeches and the delivery pain points for Bitcoin and Ethereum on the 27th of this month. Therefore, everyone should pay close attention to the news this week as there are too many unstable factors. It is advised to focus on short-term contracts and waves, rather than long-term positions. Due to the conflict, the market sentiment has entered a state of panic...
Daily Analysis:
BTC short-term focus on the lower level around $98,000, upper short-term focus around $103,000
ETH short-term focus on the lower level around $2,100, upper short-term focus around $2,300
SOL short-term focus on the lower level around $125, upper short-term focus around $135
Contract Strategy:
BTC recommends shorting near $101,800 on the rise / shorting on rallies
Take profit at $100,000, $99,000, $98,000; stop loss at $103,000
ETH recommends shorting near $2,260 on the rise / shorting on rallies
Take profit at $2,220, $2,180, $2,140; stop loss at $2,300
SOL recommends shorting near $134 on the rise / shorting on rallies
Take profit at $131, $128, $125; stop loss at $137
Friendly Reminder:
Focus on light positions with low leverage. This contract strategy is suitable for short-term trading investors. Please remember to take profits in a timely manner and set stop losses based on your personal positions. Don't be greedy; it's safer to secure profits, even if it means a small loss. If the market direction is correct, you can choose to continue holding.