Data Analysis:
From the current liquidation map, the market and Ethereum are dominated by short positions.
Bitcoin current price is $112,600. If it rises to $114,600, approximately $1.322 billion in short positions are expected to be liquidated. If it falls to $110,600, approximately $1.3 billion in long positions are expected to be liquidated.
Ethereum current price is $4,243. If it rises to $4,343, approximately $1.5 billion in short positions are expected to be liquidated. If it falls to $4,143, approximately $1.3 billion in long positions are expected to be liquidated.
ETF Capital Flow (Yesterday)
BTC Spot ETF: Outflow of $66.9 million
ETH Spot ETF: Inflow of $54 million
SOL Spot ETF: Outflow of $2.9 million
Market Opinion:
Market Direction: Overall fluctuation leaning downwards. From the current market and Ethereum trends, the 4-hour chart is still in a downward trend, while the daily chart is primarily in a range. The main market is waiting for Powell's speech at 10 PM tonight, which will affect the market's trend.
I personally believe that tonight's market will be quite volatile, so I recommend everyone to exit the market before Powell's speech and wait to enter after the speech for a more stable approach.
Daily Analysis:
BTC short-term focus is around $110,000 below, and around $115,000 above.
ETH short-term focus is around $4,150 below, and around $4,380 above.
SOL short-term focus is around $175 below, and around $185 above.
Contract Strategy:
BTC is recommended to go long if it drops to around $110,500 or on dips.
Take profit at $112,500, $113,500, $114,500; stop loss at $109,500.
Conversely, it’s suggested to go short if it rises to around $114,000 or on spikes.
Take profit at $113,000, $112,000, $111,000; stop loss at $115,000.
ETH is recommended to go long if it drops to around $4,160 or on dips.
Take profit at $4,250, $4,300, $4,350; stop loss at $4,070.
Conversely, it’s suggested to go short if it rises to around $4,350 or on spikes.
Take profit at $4,280, $4,230, $4,180; stop loss at $4,420.
SOL is recommended to go long if it drops to around $175 or on dips.
Take profit at $178, $181, $184; stop loss at $173.
Conversely, it’s suggested to go short if it rises to around $185 or on spikes.
Take profit at $182, $179, $176; stop loss at $188.
Friendly Reminder: Focus on low leverage positions. This contract strategy is suitable for short-term traders. Please remember to take profits in a timely manner and set stop losses based on personal positions. Don’t be greedy; securing profits is better. It’s okay to take small losses, but never hold onto losing positions! If the market direction is correct, you can choose to continue holding.