Family, good morning~
A new week, a new beginning~
How will the market perform this week?
Data analysis:
From the liquidation map, we can see that based on the Bitcoin price around 93,800, with 100x leverage, if the market reaches around 96,100, approximately 326 million USD of short positions are expected to be liquidated. Conversely, if the market reaches around 92,100, approximately 138 million USD of long positions are expected to be liquidated.
Weekly analysis:
From the weekly trend, the overall market this week will move within the range of 90,000-98,000. Ethereum's performance is slightly stronger, moving within the range of 3,180-3,550. SOL is also slightly stronger, expected to move within the range of 176-216 this week.
Daily analysis:
From the current daily trend, the overall market is expected to move within the range of 92,000-95,500, with Ethereum moving within the range of 3,330-3,450, and SOL moving within the range of 188-197.
Market view:
Personally, I believe that the short-term market will still primarily move sideways this week, with not much volatility. The market remains relatively “quiet,” and significant movements are likely to wait until after New Year’s Day when volume starts to pick up. However, we can see that other altcoins like Ethereum are showing a slightly stronger trend, and if the market slightly rebounds, Ethereum will rebound even more. As for how strong Ethereum can get, we need to observe as we go along.
Spot strategy:
1. Layer 1 sector
Buy NERA in batches near 4.9, short-term take profit around 8.
2. Sidechains/Cross-chain
Buy ATOM in batches near 6, short-term take profit around 10.
Contract strategy:
Go long on BTC near 92,800, take profit around 94,700.
Go long on ETH near 3,330, take profit around 3,420.
Go long on SOL near 190, take profit around 196.
Warm 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 based on personal positions; it’s better to take a small loss than to hold a losing position! If the market direction is correct, you may choose to hold.
2. This spot strategy is suitable for short-term trading. There are many quality altcoins that cannot all be listed, so I can only recommend a few popular sectors.
Family needs to know:
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