Data Analysis:
According to the current liquidation map, last night the long positions were liquidated in a wave, and the market is overall dominated by short positions. Based on the current Bitcoin price around $114,000, if the market fluctuates up and down by $2,000 and rises again to around $116,000, it is estimated that the cumulative liquidatable amount of short positions is about $1.6 billion. Conversely, if the market falls to around $112,000, it is estimated that the cumulative liquidatable amount of long positions is about $700 million;
According to the current Ethereum liquidation map, the overall market is currently dominated by short positions. Based on Ethereum around $3,600, if it fluctuates up and down by $100 and rises again to around $3,700, it is estimated that the liquidatable amount of short positions is about $1.1 billion. Conversely, if Ethereum falls to $3,500, it is estimated that the cumulative liquidatable amount of long positions is about $960 million.
Bitcoin spot ETF had a net outflow of $19.7 million yesterday, while Ethereum ETF had a net outflow of $15.5 million yesterday.
Market Opinion:
Market Direction: Mainly volatile. Last night, affected by Trump's speech, U.S. stocks and the market fell. From the daily chart perspective, the market has rebounded but is still in a volatile sideways trend. However, altcoins have not rebounded much, indicating that the overall altcoin market is relatively weak. Any slight movement in the market will lead to significant fluctuations. Additionally, during this period, it is important to pay attention to news related to Trump's tariffs, as well as the release of the U.S. CPI data at 8:30 PM tonight.
Daily Analysis:
BTC short-term focus on the lower side around $112,500, upper short-term focus around $115,500
ETH short-term focus on the lower side around $3,500, upper short-term focus around $3,720
SOL short-term focus on the lower side around $158, upper short-term focus around $169
Contract Strategy:
BTC is recommended to go long near $113,000 or on dips.
Take profit at $114,000, $114,500, $115,000; stop loss at $112,000.
Conversely, it is recommended to go short near $115,000 or on highs.
Take profit at $114,000, $113,500, $113,000; stop loss at $116,000.
ETH is recommended to go long near $3,560 or on dips.
Take profit at $3,600, $3,650, $3,700; stop loss at $3,500.
Conversely, it is recommended to go short near $3,700 or on highs.
Take profit at $3,650, $3,600, $3,550; stop loss at $3,750.
SOL is recommended to go long near $160 or on dips.
Take profit at $163, $165, $168; stop loss at $157.
Conversely, it is recommended to go short near $168 or on highs.
Take profit at $165, $162, $159; stop loss near $171.
