Data Analysis:
From the current liquidation map, Bitcoin bulls have a slight advantage, while Ethereum is dominated by bears and is relatively dense.
The current price of Bitcoin is $116,600. If it rises to $118,600, approximately $1.33 billion in short positions is expected to be liquidated. If it falls to $114,600, approximately $960 million in long positions is expected to be liquidated.
The current price of Ethereum is $4,511. If it rises to $4,611, approximately $1.32 billion in short positions is expected to be liquidated. If it falls to $4,411, approximately $820 million in long positions is expected to be liquidated.
Greed & Fear Index:
Neutral (54)
Altcoin Season Index:
78
ETF Fund Flow (Yesterday)
BTC Spot ETF: Net inflow of $83.10 million
ETH Spot ETF: Net outflow of $41.40 million
SOL Spot ETF: Net inflow of $10 million
Market View:
Market Direction: Bullish, waiting for a trend change. Currently, looking at the daily chart of the market, it has reached the upper boundary of the range. Focus on whether the market can effectively break through $117,000; if it breaks through, a new market trend will emerge, otherwise, it will continue to fluctuate. Personally, I believe that as the interest rate decision approaches, market volatility will increase, so trading needs to be cautious. At the same time, Ethereum has been correcting for several days, so attention needs to be paid to whether it can build a bottom and consolidate. As for most other altcoins, they will need to wait for the market direction to be confirmed before continuing to rebound.
Daily Analysis:
BTC short-term focus on the lower side around $114,500, upper short-term focus around $118,500.
ETH short-term focus on the lower side around $4,400, upper short-term focus around $4,600.
SOL short-term focus on the lower side around $231, upper short-term focus around $241.
Contract Strategy:
BTC buy near $115,500 on the dip or buy on the low.
Take profit at $116,500, $117,500, $118,500, stop loss at $114,000.
ETH buy near $4,420 on the dip or buy on the low.
Take profit at $4,480, $4,530, $4,580, stop loss at $4,360.
Conversely, sell near $4,570 on the rise or sell on the high.
Take profit at $4,500, $4,450, $4,400, stop loss at $4,630.
SOL buy near $232 on the dip or buy on the low.
Take profit at $235, $238, $241, stop loss at $229.
Conversely, sell near $240 on the rise or sell on the high.
Take profit at $236, $233, $231, stop loss at $243.
Friendly Reminder: Do not be greedy, secure your profits, it’s better to take a small loss than to hold a losing position! If the direction is correct, continue to hold.