Currently, the overall daily level of the market is mainly in a state of oscillation and consolidation, without a real trend change. Personally, I believe that without favorable news influences, market fluctuations will remain average, and short-term oscillation will continue, especially with the foreign New Year approaching, the market remains relatively quiet, mostly in a wait-and-see mode. It is expected that only after the foreign New Year, which is next month, will there be market activity.
I looked at the ETF institutional capital dynamics: BTC had a net outflow of $148 million, ETH had a net inflow of $84.6 million, and SOL had a net inflow of $7.4 million. Institutions are still taking a cautious strategy, especially with BTC, which has mostly seen net outflows in recent days, while SOL has continued to see net inflows. Currently, the liquidation map is dominated by bears and is quite dense.
Therefore, during this period, trading really cannot be impulsive. It is more suitable for short-term and swing trading with a steady approach. If you make a profit, you should exit. The short-term fluctuation range for BTC is 87500-90500, for ETH is 2950-3100, and for SOL is 123-129.
Today's contract strategy:
BTC: Short at 89500 or enter on the rise, increase position at 90500, take profit in batches at 87500.
Conversely, go long at 87500 or enter on the dip, increase position at 86500, take profit in batches at 89500.
ETH: Short at 3060 or enter on the rise, increase position at 3150, take profit in batches at 2960.
Conversely, go long at 2970 or enter on the dip, increase position at 2900, take profit in batches at 3050.
SOL: Short at 128 or enter on the rise, increase position at 133, take profit in batches at 122.
Conversely, go long at 124 or enter on the dip, increase position at 120, take profit in batches at 128.
Friendly reminder:
1. Stop-loss suggestions should be set based on personal actual liquidation price and the principal amount one can bear for losses.
2. Do not be greedy, secure profits, and it’s better to take small losses than to hold on. If the direction is right, continue to hold.
