Data Analysis:
Based on the current market clearing map, the market is overall dominated by bulls. With the current Bitcoin price around $123,300, if the market fluctuates up or down by $2,000, rising again to around $125,300, the cumulative amount of short positions that could be liquidated is estimated to be about $1.4 billion. Conversely, if the market drops to around $121,300, the cumulative amount of long positions that could be liquidated is estimated to be about $980 million;
According to the current Ethereum clearing map, the Ethereum market is currently overall dominated by bulls. Based on Ethereum's price around $4,736, if it fluctuates up or down by $100, rising again to around $4,836, the cumulative amount of short positions that could be liquidated is estimated to be about $1.13 billion. Conversely, if Ethereum drops to $4,636, the cumulative amount of long positions that could be liquidated is estimated to be about $1.22 billion.
The net inflow of funds for Bitcoin and Ethereum spot ETFs yesterday was $48 million and $62.7 million, respectively.
Market Opinion:
Market Direction: Bullish. The market has once again reached a new high, and Ethereum is also nearing $4,800. From the current latest market trend, the market is still on the rise. The focus is on how high this market can rise and whether Ethereum can break through its historical highs. The market is currently in a very positive, optimistic, and greedy state, while altcoins are generally rising at a relatively average rate, mostly characterized by fluctuations. I personally believe that the upward trend of the market and Ethereum has not ended, and there may be significant fluctuations in the market. Therefore, our strategy remains to enter long positions on dips, with proper stop-loss measures to ensure a steady path.
Daily Analysis:
BTC short-term focus on the downside around $121,000, short-term focus on the upside around $126,000.
ETH short-term focus on the downside around $4,650, short-term focus on the upside around $4,880.
SOL short-term focus on the downside around $196, short-term focus on the upside around $210.
Contract Strategy:
BTC is advised to go long if it drops to around $122,500 or on dips.
Take profit at $123,500, $124,500, $125,500, stop loss at $121,000.
Conversely, advised to short if it rises to around $125,500 or on highs.
Take profit at $123,000, $122,000, $121,000, stop loss at $127,000.
ETH is advised to go long if it drops to the range of $4,700-$4,730 or on dips.
Take profit at $4,800, $4,850, $4,900, stop loss at $4,650.
SOL is advised to go long if it drops to around $198 or on dips.
Take profit at $203, $206, $209, stop loss at $195.
Conversely, advised to short if it rises to around $210 or on highs.
Take profit at $207, $204, $201, stop loss around $213.