Good morning, family~
BTC is still in a downtrend
When will the market stop falling?
Data analysis:
Based on the latest liquidation map with 100x leverage, with the current Bitcoin price around 97300, if the market retraces again to around 94800, it will face a liquidation intensity of about 223 million USD. If the market price reaches around 103700, the shorts will face a liquidation intensity of about 954 million USD.
Daily analysis:
From the current market trend, the short-term overall will move in the range of 94000-99000, Ethereum will move in the range of 3250-3550, and SOL will move in the range of 180-205.
Market perspective:
What the market is most concerned about now is where this round of market correction will go, and at what position it will stop falling. Regarding this question, I personally believe that the market will likely have another correction and then start to stabilize the K-line, as this correction has already liquidated many longs, and the sentiment has shifted from extreme greed to greed.
I still want to say that when others are greedy, I panic; when others panic, I am greedy. The spot market should be entered in batches/increased positions, just be patient and wait. My personal view on the future trend of the market remains bullish.
Spot strategy:
1. Layer2 sector
Arb buy in batches around 0.77 take profit above 1.5
Op buy around 1.8 take profit above 3.5
Contract strategy:
BTC long around 96000 take profit near 98000
ETH long around 3370 take profit near 3450
SOL long around 191 take profit near 200
Warm reminder:
1. This contract strategy is suitable for investors who like swing or short-term trading. Please remember to take profits in a timely manner and set stop losses based on personal positions; it’s better to take a small loss than to hold on! If the market direction is correct, you may choose to continue holding.
2. This spot strategy is suitable for short-term spots; among the altcoins, there are many quality coins that cannot all be listed and organized, so only popular sectors are recommended.
Family needs to know:
1. Market updates and live broadcasts will be conducted from Monday to Saturday, with three live broadcasts a day for real-time spot and contract trading, catering to the following needs of different types of family members. The most important thing is that all trades are public and real, without charging family members a single cent.
2. Lastly, please support me by liking and following; don’t get lost in the crypto world, let the experienced drivers take you on the fast lane!
