Family, good morning
When will the market stop falling?
How should we operate better?
Data Analysis:
From the current liquidation map with 100x leverage, if the Bitcoin price falls to around 90000, it is expected that the bulls will face liquidation of about 350 million USD. If the Bitcoin price rises to around 95900, it is expected that the bears will face liquidation of about 670 million USD.
Daily Analysis:
From the current market trend, the overall market will likely move within the range of 88000-95000 in the short term, Ethereum will likely move within the range of 3200-3450 in the short term, and SOL will likely move within the range of 215-240 in the short term.
Market Opinion:
Although the bulls were continuously liquidated yesterday, causing some panic in the entire market, compared to the market only going up without falling and a pullback, I still prefer the latter. After all, a pullback brings more sense of security. I am not panicking; rather, the recent continuous rise of the market without much pullback made me panic. Now that there is a pullback, I feel more grounded.
For the overall market, I believe that it will pull back somewhat in the next few days, then enter a sideways trend. During this period, remember to buy the dips in batches. It is important to remember that spot purchases must be of mainstream coins, while contracts should still be bought low, maintaining a bullish outlook.
Contract Strategy:
BTC buy near 90000, take profit around 93000
ETH buy near 3260, take profit around 3400
SOL buy near 223, take profit around 235
Friendly Reminder:
1. This strategy is suitable for investors who prefer 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 have a small loss than to hold a losing 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.
