Military Advisor's Market Analysis: (Issue 108)
Clearing Chart: Now the market is clear, futures dealers start to wash the market in the 65000-69500 range, long and short are harvested back and forth, so the current situation cannot be a pattern of making money and running away!
Many fans don't understand why there are futures buy and sell orders, isn't it that the contract can't determine the market price? Usdt contracts can't affect the market, it's air, and currency-based contracts can affect the market price!
Opening long in currency-based contracts will pull the market, and opening short will also smash the market!
The contract market is ten times the spot market, and those who understand it know that those who are betting on happiness and life are all in it!
Bitcoin K-line: What is the current situation?
There is no clear direction.
The top is getting lower and lower 69500-68800-68700
The bottom is getting higher and higher 64800-65200-65500
Standard sideways shock, wash and absorb stage, clear leverage!
The operation idea is to buy on dips, the idea of high altitude, with a good stop loss! The extreme retracement is around 64,000. This depends on whether there is an opportunity.
If there is an opportunity, seize it.
Bitcoin ETF: The net inflow of trading volume on Friday is very considerable. Could this be a wave of people? They always cooperate so well.
Someone is rushing up, and someone is taking over below.
BlackRock has bought more than 4,000 more and has been buying coins crazily!
Nearly 18,000 bitcoins were bought this week. They want to take all of you away!
The big institutions represented by BlackRock only enter and do not exit, and have bought a total of 400,000 bitcoins!
Contract position chart: It finally fell a bit today, 37.8 billion US dollars, and the lowest was 37.5 billion US dollars. It finally came down from 40 billion. At present, it is not enough, and it has to continue to wash. I think it will be perfect if it can go down 10%. Everyone should be cautious in going long!
In summary: The long-term bull is still there. In the short term, the market will fluctuate back and forth to wash and clear leverage. It is not recommended to have a pattern. Contracts are still dominated by mainstream coins, and there is no bottom line for the wash of altcoins!