Good morning, family~
Is BTC about to stop falling?
How will the market move over the weekend?
Data Analysis:
From the latest liquidation map with 100x leverage, based on the current Bitcoin price near 97500, if the market retraces to around 91500, it will face a liquidation intensity of about 715 million USD. If the market price reaches around 99100, short positions will face a liquidation intensity of about 526 million USD.
Daily Analysis:
From the current market trend, the overall market will mainly enter a period of consolidation over the weekend. In the short term, the overall market will move within the range of 95500-99500, ETH will move within the range of 3330-3630, and SOL will move within the range of 187-207.
Market Opinion:
After several days of significant volatility and correction, the market has entered a consolidation phase, slowly repairing the K-line, while other altcoins have also entered a similar consolidation phase. Personally, I believe that the weekend will still be dominated by consolidation. As mentioned yesterday, it has already fallen quite a bit. There are also suggestions that spot purchases should be made in batches, just hold on and wait for the subsequent rise.
As for when the market will shift, we will have to wait until next week for that. Please be patient and wait for the subsequent trend. My personal view on the overall direction remains unchanged, and I am bullish in the long term.
Spot Strategy:
Buy in batches near 10, take short-term profits in batches at 20.
Contract Strategy:
BTC Long near 96300, take profit near 97300.
ETH Long near 3400, take profit near 3480.
SOL Long near 190, take profit near 197.
Friendly Reminder:
1. This contract 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 according to your personal position. Better to take a small loss than to hold on! If the market direction is correct, you can choose to hold.
2. This spot strategy is suitable for short-term spot trading. There are many quality altcoins among the various altcoin types that cannot all be listed and organized, so only popular sectors will be recommended for selection.
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 different tracking needs of family members. The most important thing is that all live trades are conducted in real accounts, and no fees are charged to family members.
2. Lastly, I ask family members to support me by liking and following, so you won't get lost in the crypto world. The experienced driver will take you on the highway!
