Today is already Thursday, good morning everyone, click ⬇️ to directly join the group to discuss the market.
陌路社区 From the overall market trend, yesterday fluctuated between 73000-76000, and the daily level still maintains a primary oscillation market, while most other altcoins have a similar overall trend. The net outflow of funds from crypto ETFs yesterday was about 56 million USD, with trading volume being relatively cautious, indicating that institutions are also mainly waiting and observing in the short term. Currently, the liquidation map shows BTC, ETH, and SOL are all bullish in dominating the market and the intensity is average, so further attention is needed on the dynamics between the US and Iran.
Regarding the latest news, the current ceasefire negotiations in Lebanon are linked to the US-Iran ceasefire. If a consensus can be reached, it would be favorable for the second round of negotiations between the US and Iran. Conversely, it would complicate and increase pressure on the negotiations. As of now, the US and Iran are still implementing the timing for the second round of negotiations, and the market is waiting for when they will start. Personally, I believe that for the second round of negotiations to commence, an agreement must first be reached in Lebanon. The possibility of continuing to extend the US-Iran ceasefire is higher at the moment, but the specific situation still depends on the news.
In the short term, the market is more likely to continue the oscillation, and the volatility will only increase when the US-Iran negotiations commence. As for trading, it is advisable to focus on stable short-term strategies. The weekly level shows that the market has formed a W shape, and it is crucial to pay attention to whether it can stabilize around 76000. Once it stands firm and breaks through, it could move towards 78000-80000, and whether it can break through will depend on the news regarding the US and Iran.
Today, the short-term fluctuations in the market still remain in the range of 73000-76000, with ETH's short-term fluctuation range at 2300-2420, and SOL's short-term fluctuation at 82-86.
Short-term contract strategy:
BTC: 74000 or buy on dips, take profit at 75500.
ETH: 2300 or buy on dips, take profit at 2380.
SOL: 83 or buy on dips, take profit at 86.
Warm reminder:
1. Stop-loss suggestions should be set according to personal actual liquidation price and the amount of loss one can bear.
2. Do not be greedy; securing profits is key. It is better to have a small loss than to resist a position. If the direction is correct, continue to hold.
$BTC $ETH $SOL #BTC #ETH #solana