$BTC

$BTC $ETH $SOL

Morning Analysis

✅ Bitcoin contracts have reached 95,000, and institutions continued to maintain a net inflow of 134.5 million USD yesterday. However, Ethereum still showed outflows.

✅ Altcoins continue to experience a general decline or sideways movement, with only Floki showing a good upward trend that everyone recognizes.

✅ NVIDIA exceeded expectations, but some people are still not satisfied, which illustrates the level of greed in this market; no one is willing to be temporarily satisfied.

NVIDIA data release: Sales soared in the last quarter, with profits nearly doubling, and its third-quarter revenue was 35.1 billion USD, a quarter-on-quarter growth of 17%. However, Wall Street still has different opinions on the current results.

Looking at MicroStrategy's stock price, this is a genuine US stock, rising more than 20 points a day, which is what the market desires!

💰 Market Analysis
As institutional investors continue to buy, Bitcoin remains strong. It must be said that Bitcoin is basically insulated from many retail investors at this time; unless one is trading contracts, it’s hard to keep up. Without absolute financial strength, who would buy at 95,000? Currently, from a technical perspective, we are watching whether the 12-hour level pressure at 95,000 is effective; if not, it will be 97.

Ethereum: There is a phenomenon where institutions are selling Ethereum to buy Bitcoin. The price hasn't been ideal these days, but it's trying hard to stabilize around 3050, forming fluctuations around a 4-hour range.

Sol continues to maintain high-level fluctuations around 23-24. Whether it can reach a new high seems difficult for now, but the higher the coin price goes, the easier it is to pump. As long as the chips are concentrated, it’s fine.

Operations:

Last night looked at 95, I just missed the opportunity to short at 95, so I’m looking for another entry point.

I have short positions in Ethereum, and also in Sol.

This does not constitute investment advice, just sharing my records!