Family, good morning
Is the market going to stop falling?
Seeing the Ethereum series take off all the way
Data Analysis:
From the current liquidation map with 100x leverage, if the Bitcoin price falls to around 91200, it is expected that long positions will face a liquidation of about 1.1 billion dollars. If the Bitcoin price rises to around 98000, it is expected that short positions will face a liquidation of about 300 million dollars.
It is clear that long positions have increased, indicating that the market's long power has strengthened.
Daily Analysis:
From the current market trend, the overall market will move within the range of 94000-98000 in the short term, Ethereum will move within the range of 3550-3800 in the short term, and Solana will move within the range of 238-253 in the short term.
Market Opinion:
Seeing the market stop falling and rebound, especially Ethereum and the Ethereum series, has started to take off. Personally, I believe Ethereum will still have a relatively strong wave of supplementary growth.
Secondly, I want to say that the overall direction is still bullish, and the recent pullback and washout will soon be over. For altcoins, as you can see, many have already risen, so let’s think, has the altcoin bull market already arrived? Have the altcoin assets you bought previously increased?
Contract Strategy:
Long BTC near 95000, take profit near 97500
Long ETH near 3600, take profit near 3750
Long SOL near 240, take profit near 250
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 losses according to personal positions. Better to take a small loss than to hold the position!
2. If the market direction is correct, you can choose to continue holding.
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.