Family members, good morning
Is BTC stable now?
How should we view the future market trends?
Data Analysis:
Based on the current clearing map with 100x leverage, with the current BTC price around 96100, if the Bitcoin price drops to around 92800, it is expected that the bulls will face liquidation of about 474 million USD; if the Bitcoin price rises to around 97300, it is expected that the bears will face liquidation of about 420 million USD.
Daily Analysis:
From the current market trend, the overall market has been slowly repairing the K-line and has entered a sideways state. In the short term, it will fluctuate in the range of 94500-97500, ETH will fluctuate in the range of 3550-3700, and SOL will fluctuate in the range of 225-245.
Market View:
I believe everyone has seen the news from South Korea, especially the sudden flash crash on South Korean trading platforms, which led to the sudden drop of the market last night. However, the South Korean trading platforms have now been restored. We won't elaborate much on such black swan events; we should pay more attention to related news.
What I want to say here is that the U.S. government transferred Ethereum assets to a new wallet late last night. We need to pay close attention to future developments. Additionally, the market correction is actually a good opportunity for us to accumulate positions, especially with the arrival of altcoins. Hold onto the cash in hand and wait for altcoins to explode further. In terms of the overall direction, I still maintain a bullish outlook.
Contract Strategy:
Long BTC near 95500, take profit around 97000.
Long ETH near 3570, take profit around 3670.
Long SOL near 228, take profit around 238.
Friendly Reminder:
1. This strategy is suitable for investors who like swing or short-term trading. Please remember to take profits in a timely manner and set stop-losses based on personal positions. Better to take a small loss than to hold on to a losing position!
2. If the market direction is correct, you can choose to continue holding.
3. If you need analysis on other coins, feel free to leave a message, and I will provide advice based on different position situations.
Family members should know:
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