Advisor Market Analysis: (Issue 161)

Settlement Chart: Last Saturday, the advisor mentioned that the market is oscillating with both bulls and bears suffering losses. Let's take a look at the predictions at that time: today is a day of sideways movement, we see the settlement chart with shorts above 95100 and longs below 93200, both sides have started to place their bets, and it's highly likely they will both fall.

From Saturday until now, Bitcoin first went to 95600 and cleared a wave of shorts, and this morning it dropped down to 92900 and cleared a wave of long positions. Both bulls and bears are falling together.

Where to go next?

Having just cleared downwards, the shorts are first looking at 94500/96000 limits, and then at 97500.

Bitcoin Candlestick Chart: Based on the current pattern, I firmly see oscillation. The advisor has outlined the oscillation range, with a low of 92900 and a high of 98000.

Within this range of 92900-94000, one can go long when the price is low, and one can go short above 96500, just focusing on short positions without a broader strategy. Protect the high and low points and set stop losses well!

Spot Bitcoin ETF Week 51 Net Flow: -379 million USD

This week, only 2 ETFs had small inflows: $BTC 990,000, $HODL 100,000

Fidelity had an outflow of 183 million USD, and BlackRock had an outflow of 22.7 million USD.

The fourth quarter Bitcoin ETF remains the best-performing quarter this year, with inflows reaching 16.8 billion USD.

Spot Ethereum ETF: This week saw inflows of 349.3 million USD, with no day of net outflow.

Only Grayscale sold a mini position once at 1859, key point: no other ETFs have sold a single Ethereum, the future is promising and requires no further words from me.

Summary: The overall direction remains unchanged, the short-term market is still unclear, those holding spot should just hold tight, and those trading contracts should follow the above strategy for short positions.