I am the judge of the cryptocurrency world, let me get straight to the point:

Key Data Points

Current Bitcoin Price: $118,000:

If it rises to $120,000, it could squeeze approximately $1.595 billion from shorts.

If it falls to $116,000, it could liquidate approximately $1.684 billion from longs.

Current Ethereum Price: $4,540:

If it rises to $4,640, it could squeeze approximately $1.3 billion from shorts.

If it falls to $4,440, it could liquidate approximately $800 million from longs.

ETF Fund Movements:

BTC Spot ETF ran $174 million.

ETH Spot ETF, however, saw an inflow of $63 million.

Market Outlook

Currently, both the overall market and Ethereum are in a sideways consolidation on the 4-hour chart. The main reason for last night’s sharp drop was U.S. Treasury Secretary Yellen's statement: crypto reserves will not buy coins directly, and that confiscated assets will be used as substitutes. Although he later added that "we are still studying," the market was already spooked into a collective sell-off.

My view is clear: this drop is actually a good opportunity to accumulate spot positions in batches, especially for liquid mainstream coins. There were no chances to buy when the market was rising; now that it has dropped, it’s a good time to lay down positions. But for contract traders, don’t rush to heavily invest; start with swing trades or short-term positions, and wait for clear directions from the overall market and Ethereum before increasing your stakes.

Key Price Alerts

BTC, pay close attention to these two levels:

Below around $116,000

Above around $120,000

ETH note:

Below around $4,450

Above around $4,650

SOL short-term outlook:

Below around $186

Above around $198

BTC:

Buy around $117,000, or accumulate on dips.

Take profit at $118,000, $119,000, $120,000.

Set stop loss at $116,000.

Conversely, if it rises to around $119,500, short the market, or open shorts on highs.

Take profit at $118,500, $117,500, $116,500.

Set stop loss at $120,500.

ETH:

Buy in the range of $4,480, or accumulate on dips.

Take profit at $4,530, $4,580, $4,630.

Set stop loss at $4,420.

SOL:

Buy around $188, or accumulate on dips.

Take profit at $192, $195, $198.

Set stop loss at $186.

Conversely, if it rises to around $197, short the market, or open shorts on highs.

Take profit at $194, $191, $188, and set stop loss at $200.

All operations should be primarily light and low leverage! Don’t be greedy; take your profits and run, better to take small losses than to stubbornly hold positions! The market sentiment is currently weak; don’t mistake luck for courage! #主流币轮动上涨

The bull market is fleeting; what you lack is never opportunity, but the courage to pull the trigger! Follow the judge, and let me assist you.