One, The Impact of War on the Market
1. The Israel-Iran conflict has indeed triggered market panic, leading to 1.2 billion dollars in contracts being liquidated
2. But the fundamental reason for the decline is still the market itself needing adjustment; the war just accelerated this process
3. It's like a balloon that has been inflated too much; the war is just the needle that pops it
Two, Current Situation of Bitcoin
1. At the beginning of this week, many thought there would be a big rise, but the daily resistance is at 110,000 dollars
2. On Tuesday, it rose to this point and then couldn't move up, showing obvious fatigue; the Wednesday report can tonight's CPI data prevent new highs? indicates two scenarios for Bitcoin!
3. Now it belongs to the 'last gasp': no new funds are entering, and technical indicators also show weakness
Three, Ethereum is Weighed Down
1. Originally, the liquidity for ETH was good, stablecoins were speculating, and institutions were also positioning
2. Normally, when BTC adjusts, ETH should rise in response
3. But the war has disrupted the rhythm; now it falls together with the market
Four, Current Operation Suggestions
1. Don't rush to bottom fish; quality buying points still need to wait
2. Especially pay attention to those altcoins that have dropped 90%; cut losses when necessary
3. History proves: Those who can make money are the ones who cut losses in time and preserve capital for new opportunities
Five, Key Data Observation
1. Capital flow: BTC ETF inflow of 86.3 million, ETH ETF inflow of 112 million
2. Inflation data: CPI below expectations, inflation expectations decrease
3. But market sentiment remains weak, positive news can only bring a brief rebound
Six, Market Outlook
1. Bitcoin may fluctuate between 93,000 and 110,000
2. Ethereum support at 2380, resistance at 2740
3. Altcoins need to wait for bottom signals after market volatility increases
Remember three phrases:
1. Don’t use the war as an excuse for a crash; the market itself needs to adjust
2. Holding onto junk coins is worse than cutting losses in time
3. Making money requires quick entry and exit; don't get romantically involved with the market makers
BTC
Bitcoin broke below 108300 yesterday according to script 2, so the downward position entered around the rebound near 108300, successfully taking profit with geopolitical impulse pushing it down! Therefore, it's worth reviewing the entry conditions provided in the daily report; it’s never a prediction of the market, but a response to it! In an uncertain market, we try to increase the certainty of our operations as much as possible; the only way to do this is to clearly define the entry conditions, holding conditions, and exit conditions for each trade!
Currently, the market is in a fluctuating pattern, with short-term support at 103900-102660 (no new lows on pullbacks), and resistance above at 107700-108450! The lower defense is at 102170-100370! (New lows on pullbacks)!
ETH
The Wednesday report mentioned that Ethereum is just testing the upper edge of the H4 channel again; unless it strongly stands above 2857, it will not open up upward space! The price peaked at 2879 and then fell back, failing to successfully hold! Therefore, it directly starts testing near the lower edge of the channel. Congratulations to those who followed along with at least 300 points of profit!
The current rebound pressure from oversold conditions is near the middle track of the channel at 2610-2640; if it doesn’t hold here, we’ll continue to look for the lower edge, which is still a bit off, so there is a probability of retesting, waiting at 2428-2381! If it effectively breaks below 2381, then it’s a no-go; cut losses when necessary!
SOL
Wednesday's setup was directly damaged! Stop losses are for new beginnings! At this moment, you are right! The current pullback support is at 143-140, with liquidity grabbing positions below 139-134 as defense! Resistance above at 152-153!
The information and data involved in this content come from publicly available materials, striving for accuracy and reliability, but no guarantee is made regarding the accuracy and completeness of the information. The content does not constitute any investment advice; investing based on it is at your own risk!
