Strategist Market Analysis: (Issue 161)

Liquidation Chart: Last Saturday, the strategist mentioned that the market was experiencing fluctuations, resulting in mutual destruction for both bulls and bears. Let's take a look at the prediction at that time: Today, the market has been sideways for a day. We observe the liquidation chart showing shorts above 95100 and longs below 93200, with both sides starting to place their bets, likely leading to a mutual downfall.

From Saturday until now, Bitcoin first rose to 95600, clearing a wave of shorts, and then this morning dropped to 92900, clearing a wave of long positions. Both bulls and bears faced a mutual downfall.

Where to go next?

Having just completed a downward liquidation, we first look at 94500/96000 for shorts, with a maximum target of 97500.

Bitcoin K-line: Based on the current pattern, I firmly expect fluctuations. The strategist has outlined the fluctuation range, with a low of 92900 and a high of 98000.

Within this range of 92900-94000, one can buy on dips, and above 96500, one can short on rallies; just focus on short-term trades without a long-term perspective. Ensure to set stop-losses at high and low points!

Spot Bitcoin ETF Week 51 Net Flow: -379 million USD

This week, only 2 ETFs had relatively small inflows: $BTC 990,000, $HODL 100,000.

Fidelity experienced an outflow of 183 million USD, and BlackRock had an outflow of 22.7 million USD.

The fourth quarter remains the best-performing quarter for Bitcoin ETFs this year, with inflows reaching 16.8 billion USD.

Spot Ethereum ETF: This week saw inflows of 349.3 million USD, with no day experiencing net outflows.

Only Grayscale sold a mini amount once at 1859, key point: other ETFs have not sold a single Ethereum, and the future looks promising without needing further elaboration.

Summary: The overall direction remains unchanged, and the short-term market is still unclear. For those holding spot positions, it's best to hold and not move. For those trading contracts, focus on short-term strategies as outlined above.