Good morning, everyone~
Why did the market pull back so quickly last night...
What happened?
Data analysis:
From the liquidation map, we can see that based on the Bitcoin price of around 97,000, with a 100x leverage, if the market reaches around 103,000, it is expected that the short position will be liquidated at about $938 million, and vice versa, if the market reaches around 95,300, it is expected that the long position will be liquidated at about $259 million.
If the market fluctuates by $2,000 based on around 97,000 and the current market trend, the long position of about $290 million can be easily liquidated in one wave, while the short position is about $540 million.
Daily analysis:
From the current market trend, the market trend is very weak and the overall situation is not very stable. In the short term, it will be in the range of 94,000-98,000, Ethereum will be in the range of 3250-3480, and SOL will be in the range of 195-205 in the short term.
Market view:
Last night, the market suddenly However, it has fallen back, and from the current trend, there is still no sign of stopping the decline, which means that the market will continue to fall again. The rapid rise of the market on Monday and the rapid correction of the market yesterday have turned the market's bullish sentiment into bearish sentiment. We are like a roller coaster experience.
I personally think that it is affected by the US stock market opening slightly higher and falling lower. At the same time, from the news perspective, Trump seems to have great resistance to smoothly entering the White House. We need to watch the later news while walking.
Spot strategy:
1, meme sector
pepe Buy in batches around 0.0000183, short-term stop profit around 0.000028
wif Buy in batches around 1.82, short-term stop profit around 4
Contract strategy:
BTC Long around 105500, stop profit around 107500
ETH Long around 3320, stop profit around 3420
SOL Long around 197, stop profit around 202
Warm reminder:
1. This contract strategy is suitable for investors who like swing or short-term trading. Please remember to make profits in time and set stop losses according to your personal positions. It is better to make a small loss than to hold an order! If the market direction is correct, you can choose to continue holding.
2. This spot strategy is suitable for short-term spot. There are many high-quality currencies in the copycat currencies, which cannot be listed and sorted out. We can only recommend one or two popular sectors.
