Family, good morning
With BTC continuously reaching new highs
Will it directly break 100k today?
Data Analysis:
From the current liquidation map, it can be seen that in the high-leverage long and short ratio, the market still maintains an optimistic bullish sentiment. When the market pulls back to around 93,200, the expected liquidation of high-leverage long positions is about 1.26 billion USD. If the market reaches around 100,000, the expected liquidation of high-leverage short positions is about 495 million USD;
Daily Analysis:
From the current market trend, the overall market will likely move in the range of 96,000-100,000 in the short term. Ethereum started to strengthen yesterday, and it is expected to move in the range of 3,250-3,450 in the short term. SOL will aim to break through to new highs, moving in the range of 248-265 in the short term.
Market Opinion:
I believe many in the market think that reaching 100k may have to wait until the end of the year. However, with the rapid rise of the market in the past few days, we are getting closer to 100k, which must have refreshed everyone's perspective again. Of course, I too have had my perspective refreshed by Bitcoin's strong rise.
I think Bitcoin will still easily break the 100k threshold today, and this is just the beginning. Ethereum is also becoming strong, and SOL is pushing towards new highs, so the other altcoins will also start to rise.
It is important to pay attention to the strength of the market pullback. If the market pullback is significant, then altcoins will still follow the pullback. Although I still maintain a bullish outlook on the market, it is crucial to stay calm and be aware of the risks.
Contract Strategy:
BTC Long near 97,500 Take profit near 99,500
ETH Long near 3,330 Take profit near 3,420
SOL Long near 253 Take profit near 262
Friendly Reminder:
1. This strategy is suitable for investors who like swing or short-term trading. Please remember to take profits in time and set stop-loss based on personal positions. It is better to take a small loss than to hold onto a losing position!
2. If the market direction is correct, you can choose to hold on.
3. If you need analysis on other coins, please feel free to leave a message, and I will provide suggestions based on different position situations.