Data Analysis:
The market has just experienced a rapid decline and has liquidated a wave of long positions. According to the current liquidation map, based on the current Bitcoin price around $103,000, if the market fluctuates up and down by $2,000 and rises again to around $105,000, it is expected that the total liquidated short amount will be approximately $700 million. Conversely, if the market falls to around $102,000, the total liquidated long amount is expected to be about $266 million.
Yesterday, the net outflow of Bitcoin ETF spot funds was $4.9 million, and there were no inflows or outflows for Ethereum ETF spot yesterday.
Market View:
Market Direction: Continue to be bearish in the short term. The market is currently starting to rapidly adjust downwards. In the short term, the main focus is on where the market will adjust to, when it will stop falling, and when a rebound signal will appear, while Ethereum and most other mainstream coins are also quickly adjusting downwards...
Personally, I believe that this week we should pay attention to whether the market can stabilize around $100,000. If it falls below $100,000, it may continue to decline or even accelerate the decline, which we refer to as a waterfall. Therefore, one should be cautious when going long on contracts and pay more attention to the market trends when shorting. At the same time, I also suggest everyone pay attention to the news from Israel and the news regarding Trump from the U.S.
Daily Analysis:
BTC short-term focus on around 101,000 below, and around 105,500 above.
ETH short-term focus on around 2,400 below, and around 2,580 above.
SOL short-term focus on around 138 below, and around 148 above.
Contract Strategy:
BTC recommends going short when rising to around 105,500 / short on rallies.
Take profit at 104,000 103,000 102,000 Stop loss at 106,500.
Conversely, it is suggested to go long around 102,500 when falling / long on dips.
Take profit at 103,500 104,500 105,500 Stop loss at 100,000.
ETH recommends going short when rising to around 2,550 / short on rallies.
Take profit at 2,500 2,450 2,400 Stop loss at 2,580.
Conversely, it is suggested to go long around 2,400 when falling / long on dips.
Take profit at 2,450 2,500 2,550 Stop loss at 2,350.
SOL recommends going short when rising to around 147 / short on rallies.
Take profit at 144 141 138 Stop loss at 150.
Conversely, it is suggested to go long at around 138 when falling / long on dips.
Take profit at 141 144 147 Stop loss at 135.