Data Analysis:
According to the current market clearing map, the market is overall dominated by bulls. Based on the current Bitcoin price near $117,000, if the market fluctuates up and down by $2,000, and rises again to around $119,000, it is expected that the cumulative liquidated amount of shorts will be about $1.3 billion. Conversely, if the market drops to around $115,000, it is expected that the cumulative liquidated amount of longs will be about $1.355 billion;
According to the current Ethereum clearing map, the Ethereum market is currently overall dominated by bulls. Based on Ethereum being around $3,890, if it fluctuates up and down by $100 and rises again to around $3,990, it is expected that the liquidated amount of shorts will be about $660 million. Conversely, if Ethereum drops to $3,790, it is expected that the cumulative liquidated amount of longs will be about $1.08 billion.
The net inflow of funds for Bitcoin spot ETF yesterday was $121 million, while for Ethereum ETF it was $115 million.
Market Opinion:
Market Direction: Bullish. Last night, Trump signed a favorable message allowing U.S. pensions to enter the cryptocurrency space, which caused the market to rise directly. Meanwhile, most altcoins like Ethereum also moved upward. From the latest market trend, the overall market is still fluctuating in the 4H timeframe. However, I personally believe that with last night’s positive news, market sentiment is becoming more active and optimistic, and there is potential for further upward movement. Therefore, it is suitable to adopt a low-buying strategy.
Daily Analysis:
BTC short-term focus on around $115,500 below, and around $118,500 above.
ETH short-term focus on around $3,830 below, and around $4,000 above.
SOL short-term focus on around $170 below, and around $180 above.
Contract Strategy:
BTC suggests going long if it drops to around $116,000 or on dips.
Take profit at $117,000, $118,000, $118,500, stop loss at $114,500.
Conversely, it is suggested to go short if it rises to around $118,500 or on highs.
Take profit at $117,500, $116,500, $116,000, stop loss at $119,500.
ETH suggests going long if it drops to around $3,850 or on dips.
Take profit at $3,900, $3,950, $4,000, stop loss at $3,800.
SOL suggests going long if it drops to around $171 or on dips.
Take profit at $174, $177, $180, stop loss at $167.
Friendly Reminder: Focus on light positions and low multiples, do not be greedy, secure your profits, it’s better to take a small loss than to hold a losing position! If the market direction is correct, you can choose to continue holding.