Family, good morning~
Will the market continue to rise today?
How should we conduct our trading operations?
Data Analysis:
From the liquidation map, we can see that based on the Bitcoin price around 97000, with 100x leverage, if the market reaches around 98700, it is expected that about 261 million USD of short positions will be liquidated. Conversely, if the market reaches around 93500, it is expected that about 654 million USD of long positions will be liquidated.
If the market fluctuates 2000 USD based on around 97000, according to the current trend, it is easy to liquidate the existing short positions. Please be aware of the risks. Conversely, if the market pulls back to around 95000, then approximately 360 million USD of long positions will also face liquidation.
Daily Analysis:
From the current market trend, it looks like it will overall move within the range of 95000-99000 in the short term, Ethereum will overall move within the range of 3350-3550 in the short term, and SOL will overall move within the range of 200-216 in the short term.
Market Opinion:
Currently, the overall rebound of the market is still quite good, and as the market continues to rise, market sentiment will also become more optimistic. The key points to watch next are how high this market rebound can go and when it can effectively break and stabilize above 100,000 USD, or whether it will continue to move in a wide fluctuation within a large range. We will observe as we go along.
Personally, I think that with the end of overseas holidays, the market as a whole will slowly become active from relative quietness, and the market's volatility will also increase. The overall direction is still bullish.
Spot Strategy:
1. AI Sector
RENDER Buy in batches near 7.5 Short-term take profit around 11
GRT Buy in batches near 0.2 Short-term take profit around 0.4
Contract Strategy:
BTC Long near 96500 Take profit around 98000
ETH Long near 3400 Take profit around 3530
SOL Long near 205 Take profit around 214
Warm Reminder:
1. This contract strategy is suitable for investors who like swing or short-term trading. Please remember to take profits in a timely manner and set stop-loss based on personal positions. It’s better to incur a small loss than to hold on! If the market direction is correct, you can choose to continue holding.
2. This spot strategy is suitable for short-term spots. There are many quality altcoins that cannot all be listed and organized, so I can only recommend one or two from popular sectors.
