Good morning, family~
Will the market recently break the $90,000 barrier?
How should we operate in the face of a continuous market decline?
Data Analysis:
From the liquidation map, based on the Bitcoin price around $93,000, with 100x leverage, if the market reaches around $95,500, it is expected that approximately $530 million of shorts will be liquidated; conversely, if the market reaches around $90,300, approximately $300 million of longs will be liquidated.
If the market fluctuates by $2,000 based on the $93,000 area and the current market trend, approximately $141 million of longs will be liquidated, while shorts will be about $370 million.
Daily Analysis:
From the current market trend, the overall market still appears weak, and in the short term, it will likely fluctuate between $90,000 and $95,000. Ethereum will likely fluctuate between $3,050 and $3,300 in the short term, while SOL will fluctuate between $180 and $193 in the short term.
Market Viewpoint:
As the market has been in a state of fluctuating downward with weak rebounds recently, market sentiment has shifted from greed to neutral, which also means that market sentiment has decreased. If the market breaks the $90,000 barrier, it will only lead to the market entering a state of panic. I believe some family members may already be feeling panic, especially those with heavy contract positions or those fully invested in spot.
So here's the question: In the face of the current continuous market decline, how should we operate?
1. If you are already fully invested and have no bullets left, there's really nothing you can do but lie flat for a while.
2. For those who still have some bullets, please allocate them reasonably based on the unrealized loss ratio. If you need to add positions in batches, then do so.
3. For those who are in a cash position, wait for the next couple of days to see if the market will break the $90,000 barrier. If it does not break, then enter in batches. Of course, if it effectively breaks the $90,000 mark, it will only accelerate the next wave of decline, so wait for a real stop-loss signal before entering in batches.
Additionally, tonight at 9:30 PM Beijing time, the U.S. will announce non-farm payroll data, so everyone should pay attention, especially those trading contracts.
Spot Strategy:
1. RWA Sector
AAVE buy in batches around $260, short-term take profit around $360.
ONDO buy in batches around $1, short-term take profit around $1.7.
Contract Strategy:
BTC short around $94,500, take profit around $92,000.
ETH short around $3,280, take profit around $3,150.
SOL short around $191, take profit around $183.
