Data Analysis:
According to the current liquidation map, the market is dominated by bulls. Based on the current Bitcoin price around $110,100, if the market fluctuates by $2,000 up or down, and rises again to around $112,100, it is estimated that the cumulative amount of liquidated shorts could reach approximately $690 million. Conversely, if the market drops to around $108,100, the cumulative amount of liquidated longs could reach approximately $1.1 billion.
Yesterday, the net inflow of Bitcoin ETF spot funds was $16.1 million.
Market Viewpoint:
Market Direction: Short-term bullish outlook continues. As the market experienced a turnaround and rise late last night, Ethereum and most other altcoins also followed with an upward trend. From the current market trend, the overall movement is still good. Next, we will focus on whether the market can continue to break new highs. However, for most altcoins, they can't keep up with the market rhythm. While the market rises significantly, altcoins only show a symbolic rebound, which indicates that Bitcoin remains strong while altcoins are in a bearish trend. Additionally, keep an eye on the China-US economic and trade negotiations, as well as any related news from Musk and Trump.
Daily Analysis:
BTC short-term focus on the lower level around $108,000, upper short-term focus on around $112,000.
ETH short-term focus on the lower level around $2,580, upper short-term focus on around $2,780.
SOL short-term focus on the lower level around $155, upper short-term focus on around $165.
Contract Strategy:
BTC is recommended to go long near $108,500 on a dip.
Take profit at $109,500, $110,000, $111,500; stop loss at $107,500.
Conversely, it is recommended to go short near $111,000 on a rise.
Take profit at $110,000, $109,000, $108,000; stop loss at $112,000.
ETH is recommended to go long near $2,620 on a dip.
Take profit at $2,680, $2,730, $2,770; stop loss at $2,580.
Conversely, it is recommended to go short near $2,780 on a rise.
Take profit at $2,730, $2,680, $2,650; stop loss at $2,830.
SOL is recommended to go long near $157 on a dip.
Take profit at $160, $163, $165; stop loss around $154.
Conversely, it is recommended to go short near $165 on a rise.
Take profit at $162, $158, $156; stop loss at $167.
Friendly Reminder:
Focus on light positions and 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 according to personal positions. Don’t be greedy; it’s better to take small losses than to hold onto losing positions! If the market direction is correct, you may choose to continue holding.