BTC and the overall market have continued to accumulate confidence in the 5-day continuous slight increase. The mainstream and copycat markets have also seen varying degrees of increases. Many people have been waiting and watching, and are anxious about whether to follow the trend. Let's look at the overall strength of both the bulls and bears from the news and technical aspects. This video is only a personal review and does not constitute any investment advice.

Let me talk about the conclusion first, followed by news and technical analysis:

BTC: It is predicted that it will fluctuate and consolidate between 96,000 and 100,000, with continuous small increases and no volume. In fact, it is to replace consolidation with a slight increase to consolidate the chip price in the range of 90,000-100,000. It is still a reminder not to chase highs, and buy chips at lows.

Regarding BNB: It is expected to consolidate between 680-730. A new round of MEGADROP has come out, and you can participate in it. The tasks are also simple. If LAUNCHPOOL is released at the same time, it will be very impressive, and it is possible to break 730.

ETH: It is expected to fluctuate around 3500-3800, maintaining a strong trend, and institutional holdings have also increased significantly. If you have any, you can continue to hold them. Don't chase high prices if they rise too fast.

Citibank and Sol may only experience large fluctuations after BTC finds a new direction. If you hold spot products, there is no need to be too anxious. As long as the bull market is still there, the current prices of these two products are not a pitfall.

In terms of news, in the past 7 days, the Ethereum network stablecoins (USDT and USDC) increased by $1.11 billion, and the Solana network increased by $202.13 million. Bitwise CEO Hunter Horsley said that 11 listed companies bought more Bitcoin last week, and predicted that more companies will join Bitcoin investment by 2025. Michael Saylor promoted the relevant movement. MicroStrategy founder Michael Saylor hinted that he would increase his holdings of Bitcoin. He has posted similar posts for 9 consecutive weeks, and MicroStrategy often buys Bitcoin the next day.

Next is the technical analysis:

1. From the K-line of BTC, the 4-hour line has been upward for 5 consecutive times, and then consolidated around 99,000. In this way, 100,000 will not be a very important barrier, and it may break at any time, but beware of a small correction after breaking. Maintain the view that there may be a small correction before the 20th, and then as long as the King of Understanding delivers on good policies, a new chapter will begin.

2. Greed and Fear Index observation: Currently 76, which belongs to greed, +4 compared to yesterday, enthusiasm is accumulating, and it belongs to the bull market range.

3. The funding rate of BTC perpetual contract is 0.0108%, and that of ETH is 0.0095%. The long and short positions are relatively balanced, and have been maintained for 4 consecutive days. Contract traders should observe changes at any time.

4. The biggest pain point of options will be observed in the next three months: the price will be between 98,000 and 99,000 in the next three days, which is 1,000 higher than yesterday. The overall nominal amount is not large, and market makers have no motivation and no meaning to pull up the price.

5. Spot ETFS did not trade on Sunday, so we will observe tonight, but judging from MSTR pre-market, it is currently performing positively.

6. From the perspective of the RSI relative strength index, BTC is currently back to strong in the weekly dimension and remains neutral in the 24-hour period. Taifang has remained neutral in the weekly dimension and remained neutral in the 24-hour period, just like yesterday, which is relatively normal with normal selling pressure. Currently, most coins have little selling pressure. The indicator of Gobi is neutral in the 24-hour period, and it is still mainly strong in other time intervals. Sol is basically neutral with little selling pressure.

7. Judging from the top escape index, it is currently in the lower middle and the position is moderate.

8. BTC Hoarding Index fell back to 1.41. It is slightly higher than yesterday and not suitable for fixed investment.

Finally, I would like to remind you to control your hands and not to open large contracts, especially if you are bearish. The market will soon move in a new direction. If you insert a pin before the new direction, it is possible that the market will explode. It is better to open a position at a low point. For those with high positions, it is better to reduce them appropriately at present. #币安MegadropSOLV $BTC $ETH $SOL