Good morning, everyone
Yesterday, BTC was sideways all day
Will there be a change today?
Data analysis:
From the current liquidation map with 100x leverage, if the price of Bitcoin falls to around 93,800, it is estimated that longs will face liquidation of about $440 million, and if the price of Bitcoin rises to around 97,500, it is estimated that shorts will face liquidation of about $530 million
It can be seen that the overall long and short positions have entered a "resting period", and the overall amount of both sides is about the same. Wait and see for a change later
Daily analysis:
From the current market trend, the market is still sideways at the daily level, and the overall short-term It will move in the range of 94000-97000. Ethereum will move in the range of 3500-3650 in the short term, and Sol will move in the range of 230-243 in the short term.
Market view:
Although the market is still in a sideways state from yesterday to now, the overall volatility is not much, but the smaller the volatility, the more careful we need to be when waiting for a change.
Secondly, tomorrow is the last day of this month, and we should also pay attention to how the closing line will move this month. I personally think it will move up, and it is still bullish.
Contract strategy:
BTC is long near 95000 and stop profit near 96000.
ETH is long near 3520 and stop profit near 3600.
SOL is long near 232 and stop profit near 240.
Warm reminder:
1. This strategy is suitable for investors who like swing or short-term trading. Please remember to make profits in time and set stop loss according to your personal position. It is better to make a small loss than to hold a single order!
2. If the market direction is correct, you can choose to continue holding.
3. If you need to analyze other currencies, please leave a message at any time. I will give suggestions based on different positions.
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