Data Analysis:
From the current liquidation map, both Bitcoin and Ethereum are dominated by short positions and are dense.
The current price of Bitcoin is $110,400. If it rises to $112,400, it is expected to liquidate approximately $550 million in short positions. If it falls to $108,400, it is expected to liquidate approximately $1.23 billion in long positions.
The current price of Ethereum is $3,979. If it rises to $4,079, it is expected to liquidate approximately $1.2 billion in short positions. If it falls to $3,879, it is expected to liquidate approximately $720 million in long positions.
Greed & Fear Index: Fear (29)
Altcoin Season Index: 45
ETF Fund Flow (Yesterday)
BTC Spot ETF: Outflow of $94 million
ETH Spot ETF: Inflow of $5.3 million
SOL Spot ETF: Inflow of $15.1 million
Daily View:
Market Direction: Bearish. From the current daily level of the market, it has been in a continuous decline and has reached the lower edge of the wide range box. Currently, there are no signs of a rebound. Based on the current market trend, the $110,000 level is likely to be easily breached and hard to hold. Personally, I believe it needs to continue to decline; risks should be noted. Ethereum and most altcoins will also continue to adjust downwards, which will only lead to further panic in the market.
Daily Analysis:
BTC short-term focus on the vicinity of $108,500 below, and $113,000 above
ETH short-term focus on the vicinity of $3,820 below, and $4,150 above
SOL short-term focus on the vicinity of $185 below, and $203 above
Contract Strategy:
BTC short when it rises to around $112,500 or short on the rally
Take profit at $111,500, $110,000, $108,500; stop loss at $113,500
Conversely, go long when it falls to around $109,000 or long on the dip
Take profit at $110,500, $112,000, $113,000; stop loss at $107,500
ETH go long when it falls to around $3,850 or long on the dip
Take profit at $3,950, $4,050, $4,130; stop loss at $3,730
Conversely, short when it rises to around $4,100 or short on the rally
Take profit at $4,000, $3,900, $3,830; stop loss at $4,200
SOL go long when it falls to around $186 or long on the dip
Take profit at $192, $198, $203; stop loss at $194
Conversely, short when it rises to around $200 or short on the rally
Take profit at $195, $190, $185; stop loss at $205
Friendly Reminder: Don't be greedy, securing profits is safer. It's better to take small losses than to hold a losing position! If the direction is correct, continue to hold.