Data Analysis:

According to the current liquidation map, the market is currently dominated by short positions. Based on the current Bitcoin price near $105,800, if the market rises again to around $107,800, the expected cumulative short liquidation amount is approximately $1.28 billion. Conversely, if the market drops to around $103,800, the expected cumulative long liquidation amount is about $1.35 billion.

From the Bitcoin ETF institutions, it can be seen that, except for BlackRock, which had an inflow of $125 million yesterday, other institutions experienced outflows. The overall net capital outflow yesterday was $347 million.

Market Outlook:

Market Direction: Primarily bearish in the short term. From the current market trend, it is evident that the market has turned downward, and we need to focus on where the market will stop falling. Ethereum has also been affected and brought down somewhat, but from Ethereum's trend, it is relatively strong. Personally, I believe that when the market rebounds, Ethereum will have the opportunity to continue moving upward. For most altcoins, there will also be an overall decline, especially in sectors like meme and AI. At the same time, market sentiment has started to decline somewhat, with more people remaining on the sidelines, waiting to see how the market will move next.

Daily Analysis:

BTC short-term focus on the lower range around 104,000, upper range around 107,500.

ETH short-term focus on the lower range around 2,550, upper range around 2,720.

SOL short-term focus on the lower range around 159, upper range around 170.

Contract Strategy:

BTC is recommended to go long if it drops to around 104,500 \ buy on dips.

Take profit at 105,500 106,500 107,500 Stop loss at 103,000.

Conversely, it is recommended to go short if it rises to around 107,500 \ sell on highs.

Take profit at 106,500 105,500 104,500 Stop loss at 108,500.

ETH is recommended to go long if it drops to around 2,580 \ buy on dips.

Take profit at 2,620 2,660 2,700 Stop loss at 2,530.

SOL is recommended to go long if it drops to around 160 \ buy on dips.

Take profit at 163 166 169 Stop loss near 158.

Conversely, it is recommended to go short if it rises to around 170 \ sell on highs.

Take profit at 167 163 160 Stop loss at 172.

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 personal positions. Do not be greedy; secure your gains, and it is better to take a small loss than to hold on! If the market direction is correct, you can choose to continue holding.