#NOT市场动态
Dear family, good morning!
As soon as I opened my eyes, I looked at the trend of BTC...
Does the market still need to continue to drop?
Let's analyze the data:
Looking at the liquidation map with 100x leverage, the long positions have almost all been cleared. If Bitcoin drops to around 93600 again, about 340 million USD in long positions will still be cleared. But if Bitcoin goes up to around 99900, the shorts will suffer, with about 1.19 billion USD needing to be cleared.
Daily market observation:
With the current trend, the market should fluctuate between 93000 and 97000 in the short term. Ethereum, in the short term, is hovering between 3350 and 3500. SOL is also expected to fluctuate between 229 and 249 in the short term.
Speaking of opinions:
Unless something unexpected happens, the market still needs to adjust, and from the current perspective, it hasn't dropped to the right level yet.
But don't panic, this is actually a good thing. For family members looking to buy spot, you can build positions or add to your positions in batches.
Personally, I still see a bullish trend overall. The key is to see where the market will drop to before stabilizing. It’s not hard to see that Ethereum and Ethereum-based coins are relatively resilient to drops right now, but this is just temporary; we still need to observe the strength of the market correction.
On the contract side:
Open a long position for BTC around 93300, with a profit target set at around 95000.
Open a long position for ETH around 3400, with a profit target of around 3480.
Open a long position for SOL around 233, with a profit target of around 244.
Friendly reminder:
This strategy is suitable for friends who like swing or short-term trading. Remember to take profits when you make money, and set stop losses based on your personal position. A small loss is fine, but never hold on stubbornly!
If the market goes in the right direction, then continue to hold.
If you want to analyze other coins, feel free to leave a message, and I will give you advice based on your position situation.
BTC, ETH, SOL, let's take a look at the upcoming trends together!
In the crypto world, if you don't have a good circle and no first-hand news from the crypto world, then I suggest you follow me, and I'll help you get on board for free. Welcome to join the team!!!
