I have always been in the cryptocurrency circle...
A letter to myself: Time flies, and another year is about to pass. With the end of 2025 approaching, I am also reflecting and summarizing, preparing a personal work report for myself. After this year, it will be my fifth year in the live streaming industry. I still remember the scene of my first live stream, which was just before the Spring Festival in January 2021... At that time, I knew nothing about live streaming skills, and no one guided me or told me how to do it, let alone how to interact with users. It was a completely new field for me, very unfamiliar and filled with fear, especially when speaking. My mind went blank, and I didn't know what to say. I only answered simply when users asked me questions, and I didn't explain things very clearly, let alone make my content interesting to the users.
A few days ago, I just created the Binance chat room
You can click ⬇️ to join the group directly 😁
陌路社区
With the increasing regulation of the cryptocurrency market in China, many brothers and sisters have been unable to freely discuss market trends and contract positions. I myself also hesitate to talk too much about cryptocurrency topics on WeChat, fearing that I might get restricted or even permanently banned, as I have experienced being banned before, which makes it even more poignant for me 🥹
Thus, Binance has this chat room, which serves as a platform for us who love trading cryptocurrencies to communicate and share anytime, anywhere. We should really thank Binance for this 🙏
Some friends have known me for several years, and of course, many others are still getting to know me. I believe that meeting in the cryptocurrency world is a kind of fate. Personally, I also enjoy communicating and sharing with more friends, as we all share a common interest (making money), right? Let’s achieve our little goals early 🎯
If everyone sees the time I registered on Binance, you must know that I have been involved in this for quite a while. Here’s a brief introduction about myself again:
I entered the cryptocurrency world in 2018, and since January 2021, I have been doing live broadcasts, focusing on analyzing mainstream cryptocurrencies like BTC and ETH, both spot and contracts. As for what strategies I excel at, I can only say that I like to trade based on actual market conditions 😁
Live broadcast time: Monday to Friday at 7 PM, with a duration of 1 hour. I take breaks on weekends and holidays (the market often consolidates on weekends).
Market update time: Monday to Friday mornings. I can’t provide an accurate time because my wake-up time is uncertain. Occasionally, I summarize updates on Saturdays.
Whether in a bull or bear market, I have been deeply cultivating the market. I look forward to communicating with more like-minded friends and working hard together. I don’t have many hobbies; my biggest hobby is tasting various teas and trading cryptocurrencies.
Many old friends have said that I am patient and optimistic during my live broadcasts. Why do I stay in the cryptocurrency world and continue to broadcast? Have I already achieved wealth?
In summary: I love this industry, and I treat the market as a career. My little goals are still on the way. #BTC
Last night, the market saw an important macro data release: the U.S. June non-farm payrolls report was officially published. The data shows that June added only 57,000 non-farm jobs, far below the market expectation of around 110,000. May’s figure was also revised down to 129,000. This indicates that the U.S. job market is continuing to cool. Although the unemployment rate fell from 4.3% to 4.2%, the main reason was a decline in the labor force participation rate, not a clear improvement in employment—so this non-farm data still carries a risk-tilt to favor risk assets.
The market believes that near-term pressure for the Fed to raise rates further has clearly weakened, and liquidity expectations are starting to shift toward a more accommodative direction.
Recently, U.S. stock tech sectors have undergone a noticeable round of correction. The market has started to re-evaluate the short-term profitability outlook for the AI industry. Some semiconductor and AI-related stocks saw funds take profits, and institutional capital has shown a “rotation” effect between winners and laggards. However, judging by the fund flows, the crypto market has instead begun to absorb some of the risk-averse capital.
Over the past five trading days, the spot Bitcoin ETF saw cumulative net outflows of nearly $950 million. But in the most recent trading day, funds quickly flowed back in—single-day net inflows were about $262 million. Almost all of it went to Bitcoin ETFs, while the Ethereum ETF still maintained a modest net outflow. This also suggests that institutional funds currently prefer Bitcoin, which offers the highest degree of certainty and the best liquidity. For Ethereum and most altcoins, the wait-and-see sentiment remains relatively strong.
As ETF inflows continue to recover, they strengthen support for Bitcoin from below. With expectations for rate cuts heating up and the policy environment continuing to improve, Bitcoin’s overall performance has been clearly stronger than that of altcoins. In the short term, the market will most likely remain in a structural行情 of “BTC strong, altcoins weak.” Capital will keep concentrating in leading assets. For altcoins to catch up broadly, they still need to wait for market risk appetite to further rebound.
Tonight, U.S. stocks will be closed for the U.S. Independence Day holiday, and overall market volatility is expected to be somewhat contained. Judging from the current trend, the broad market still has the chance to rebound in the short term. For today’s contract strategy, we still mainly focus on buying dips. At the same time, continue to watch whether there are any new developments regarding U.S.-Iran relations—geopolitics remains an important variable affecting market sentiment.
Key levels to watch today: BTC above: around 63,000 ETH above: around 1,800 SOL above: around 85 $BTC $ETH $SOL #BTC #ETH #solana
Last night, the market was quite interesting: the US stock market and the crypto market once again diverged. Normally, if US tech stocks sell off hard, BTC would likely be affected to some extent. But instead, Bitcoin bounced back and reclaimed above $61,000, suggesting that some capital has started flowing back into the crypto market.
This round of US market decline was mainly driven by the AI sector. Rumors circulated that Meta is preparing to build its own cloud business and is considering renting out excess AI computing capacity to external customers. Once that news came out, the market immediately started worrying that major tech companies’ AI spending might have reached a cyclical peak.
Over the past year, the AI industry chain kept rising, and many believed these tech giants would continue to spend heavily on buying chips, purchasing servers, and expanding data centers. Now, if people start to worry that procurement may slow down, the expectations across the entire industry chain naturally need to be readjusted.
That’s why chip stocks fell relatively hard last night—Micron and SanDisk both saw drops exceeding 10%. Then this pessimistic sentiment spread to Asian markets. This morning, when the Korean stock market opened, it plunged; SK Hynix and Samsung Electronics also saw clear pullbacks.
Fed Chair Powell’s speech last night was still relatively hawkish. Although he acknowledged that inflation pressures have eased somewhat, he still insisted on the 2% inflation target and did not send any signals of imminent rate cuts. He said future policy will depend on how the data performs over the coming weeks, which implies it’s unlikely to warm up meaningfully in the short term.
In addition, the US and Iran continued their indirect talks in Doha yesterday. The two sides mainly discussed issues such as unfreezing assets and shipping through the Strait of Hormuz. Trump said there has been progress, but Iran’s stance remains fairly firm. At this point, it still seems some distance away from reaching a true consensus, so continued monitoring will be necessary.
Overall, I think the broader market is still choppy and slightly upward—we haven’t really broken out into a clear direction. While BTC has been stronger than the US stock market, overall capital remains relatively cautious. Keep an eye on the US Nonfarm Payrolls data to be released tonight. If the figures come in above expectations, it’s not out of the question that market volatility could further intensify.
In terms of trading, I’m still sticking to yesterday’s view: when there isn’t a clear direction, short-term intraday contract trading is likely more prudent.
Key levels to watch today: BTC: watch for resistance around 62,000 ETH: watch for resistance around 1,680 SOL: watch for resistance around 81 $BTC $ETH $SOL #BTC #ETH #solana
It’s July now—new month, new beginnings. Good morning, everyone~
I took a look at this week’s U.S. stock performance: there’s already been a rebound, but the broader market hasn’t followed. Instead, it’s still holding to a choppy, slightly weak pattern. Compared with this, there’s already a certain degree of divergence between the two. This also suggests that, for now, market funds are still relatively cautious about the crypto market—they haven’t decided to jump in just because the U.S. stocks rebounded.
From the trading action, the broad market has mostly been down more than up these past few days. Every rebound has had limited strength and an effective upward structure still hasn’t formed. Overall, it’s still moving within a declining channel. So at this stage, my focus hasn’t changed: where exactly will the broad market stop falling, and when will it truly complete a bottoming process? That’s the most important question to watch next.
As for institutional flows, yesterday crypto ETFs remained net outflows overall, with outflow amounting to about $5.5 million. While the scale isn’t huge, it still shows institutions are currently more in wait-and-see mode, with no clear signs of adding positions.
The news environment is also relatively calm. As for the Iran–U.S. situation, there hasn’t been any new development for the moment. With fewer fresh positive catalysts, funds naturally lean toward waiting rather than proactively chasing prices higher.
In this kind of market, I personally remain consistent with my earlier view. Index fluctuations are limited and the trend hasn’t changed. In the short term, it’s still mainly day trading. I don’t recommend blindly chasing long positions; wait patiently for a clearer direction to emerge.
My view for today remains the same: slightly bearish and range-bound—good for shorting on rallies.
For BTC, watch support around 57,000. If it breaks below, be mindful of the risk of further pullback and retest. For ETH, watch support around 1,500. For SOL, watch support around 70.5. $BTC $ETH $SOL #BTC #ETH #solana
There are still quite a few issues. I’ll try to fix them all at once over the next few days so there won’t be any other bugs. Then I’ll let the Shaniu AI run for a while longer to see how it goes.
My requirements aren’t too high. I just need it to run safely and stably. The Shaniu AI should be able to automatically analyze, automatically make decisions, and automatically trade. As long as it can generate steady profits, that’s enough. I’m not being greedy.
For someone my age, I can’t be like the me from 2018—full of energy, watching the market from day to night…
Personally, I believe that in the next few years, AI automatic trading will come along with us and assist our trading. So we should start learning AI early and keep up with the development and trends in AI.
Good morning, everyone. Today is already the last day of June, and somehow, half of 2026 has already passed. The market in the first half of the year has gone through quite a few ups and downs, allowing many people to see how much the market can change. As for how the second half will unfold, I believe everyone is looking forward to it, hoping for a real opportunity that belongs to the crypto market.
Looking at the chart, the current trend is basically consistent with yesterday’s analysis. The overall market is still mainly trading sideways and oscillating on a daily basis, and the资金 (capital) hasn’t clearly chosen a direction. Next, we should focus on whether it can hold steady around 60,000. Only if it can continue to stabilize can there be a chance to gradually move into a repair phase.
It’s also worth noting that with the broader market not seeing too much volatility, some altcoins have already started to rebound ahead of others. Market sentiment has warmed up compared with the past few days. However, this rebound is still largely built on the premise that the broader market remains stable. If Bitcoin pulls back again, whether altcoins can continue to strengthen remains to be seen. So for now, don’t blindly chase after the rally.
On the news front, the technical negotiations between the U.S. and Iran remain a key focus of the market. Although both sides have reached an agreement, this is more of a beginning than a conclusion. There has been a long-standing lack of trust between the two sides, so whether the agreement can truly be implemented remains full of uncertainty. Therefore, the overall market is still staying cautious. This week, we need to keep an eye on whether both sides can smoothly move forward with the next phase of the technical negotiations, and whether there will be any new developments in the details of the agreement—both of which could affect market sentiment.
As for capital flows, as of yesterday, crypto ETFs saw net inflows of about $75 million. While there are net inflows, the amount isn’t that large. Trading activity is generally average, which also suggests that institutional capital is still mostly on the sidelines, with no signs of large-scale adding to positions. Going forward, we should continue to watch whether ETF capital can keep flowing in consistently, as that could provide some support to market confidence.
Regarding today’s走势 (price action), I think the market will mainly consolidate and range-bound, which is more suitable for short-term day-trading futures.
As for trading, still maintain patience. Until the trend becomes clear, keep your position size and risk under control. I hope the second half brings better conditions, and I also wish everyone can seize opportunities that belong to you. $BTC $ETH $SOL #BTC #ETH #solana
Based on the current trend, the broader market is still in a range-bound consolidation phase on the daily timeframe. Overall volatility remains limited, and rebound strength has consistently been restrained. Market sentiment is still on the cautious side. Personally, I believe this week is likely to continue with a weak, range-bound pattern. What truly matters is when the market can finish the process of bottoming out, gradually forming a stage-based bottom. Only after a successful base is built will the subsequent rebound have more sustainable room.
On the news front, the biggest focus for the market this week remains the situation between the U.S. and Iran. Per the schedule, the U.S. and Iran will hold technical-level talks in Qatar this week. However, as everyone has seen, not long after the agreement was implemented, the two sides have already shown new friction again. Trump has once more issued a tough statement toward Iran, and market risk-avoidance sentiment has accordingly warmed up. This also indicates that, at present, the U.S.-Iran relationship still carries significant uncertainty. Any new development could once again affect the trajectory of global risk assets.
Besides that, there are a few key time points worth paying attention to this week.
On Wednesday, the heads of the Federal Reserve, the European Central Bank, the Bank of England, and the Bank of Canada will all speak at the Sintra Forum. The market still has major disagreements regarding future monetary policy. Whether officials send hawkish or dovish signals could trigger substantial volatility in the U.S. dollar and the crypto market.
On Thursday, the U.S. will release June nonfarm payrolls data and the unemployment rate—one of the most important macro data releases this week, and it will further influence market judgments about the Fed’s subsequent policy path.
In terms of capital flows, over the past five trading days, crypto ETFs recorded cumulative net outflows of about $1.9 billion. This suggests that institutional capital is still mainly focused on reducing risk exposure, and overall the wait-and-see sentiment remains fairly strong.
Today’s overall outlook remains range-bound and slightly weak. BTC: Key support to watch is around 58,000. If there is an effective breakdown, there is no reason to rule out continued acceleration to the downside;
ETH: Watch support around 1,500;
SOL: Overall trend is relatively stronger than the broader market. Near-term focus is around 69;
XAUT (gold): The current daily trend is still somewhat bearish. In the short term, watch whether support around 4,000 holds. $BTC $ETH $XAUT #BTC #ETH #XAUT
Last night, the broader market again dropped to around 58,000, and the overall trend is basically the same as what I predicted yesterday. The current market is still extremely weak: it hasn’t even been able to reclaim 60,000, which indicates that the rebound strength is clearly insufficient and that the bears remain in control.
From the current trend, the broader market is still within a downward channel, and for now there are no obvious signs of a bottoming out. Therefore, today is likely to remain weak and range-bound overall. In terms of contract positioning, personally, I still lean toward shorting the rebound—trying to wait for the rebound to set up the trade, rather than chasing shorts blindly at low levels.
As for when a true bottoming signal will appear, I mentioned before that I will first focus on the 55,000 area and see whether an effective bottom can form there. If, afterward, the market can stabilize with increased volume, then we can consider whether there is an opportunity for a phase of rebound; otherwise, we still need to guard against further downside.
Let’s also look at the current market data:
1. The Fear & Panic sentiment index has reached 12, which is in the extreme fear zone, meaning market sentiment is still very poor. The liquidation map for the past 7 days also shows that the bears are clearly dominating—overall, bearish sentiment remains quite strong.
2. For institutional capital: yesterday’s crypto ETF net outflow was about $450 million. This suggests institutions are continuing to reduce positions and seek safety, and the near-term outlook is not optimistic.
3. Options: for BTC, the biggest pain point is at $71,000, with a notional amount of about $9.245 billion; for ETH, the biggest pain point is at $2,000, with a notional amount of about $1.584 billion.
4. Funding rates: for BTC, the 8-hour average funding rate across the whole network is +0.002%. Although slightly positive, it’s almost zero, which indicates bullish willingness isn’t strong. For ETH, the overall average funding rate is -0.0033%; most major exchanges are negative, suggesting the bears have relatively more strength and the market is generally more bearish on ETH.
Key support levels to watch today: for BTC around 57,000, for ETH around 1,470, and for SOL around 62.5.
Overall, the market has not yet shown a clear bottoming signal. Institutional funds are still flowing out, and sentiment is extremely fearful. For near-term trading, it’s still recommended to be cautious: until the trend truly turns around, trade with the trend and don’t rush to buy the dip just because the market has fallen a lot. $BTC $ETH $SOL #BTC #ETH #solana
Last night, the market took another sharp dive, with BTC briefly dropping below the 60,000 mark, leading to concentrated liquidations for the bulls. This downturn seems to be heavily influenced by the ongoing weakness in the US stock market, causing a noticeable rise in risk-off sentiment towards global assets.
Not only is the crypto market under pressure, but gold has also fallen below the 4,000 dollar mark, indicating that funds are further reducing their risk exposure. Moving forward, the key focus for the market will be when the US stocks can find a bottom. If the US market continues to slide, then gold and the crypto market will likely remain under pressure, with more risk potential to be released below. Thus, for now, going long on contracts requires caution.
From the current charts, although the market has attempted multiple rebounds, the overall strength remains weak, and each rebound lacks sustainability, with the bears still in control. For today’s trend, my personal view remains bearish; if the 60,000 mark cannot be reclaimed, there’s a high chance of further declines ahead.
Ethereum and most altcoins are basically following the market's lead, and in such an extremely fearful market sentiment, it’s unlikely to have an independent rally in the short term. The market has entered a panic stage, and BTC has once again set a new low in this round of correction.
Since BTC fell from its historical high, the overall decline has approached 53%, which is quite significant. Therefore, keep an eye on the area around 55,000 to see if there’s an opportunity to form a temporary bottom support. Of course, whether the market can stabilize ultimately depends on future fund flows, news, and the performance of the US stock market.
My view on spot trading hasn’t changed. For those looking to buy the dip, I still recommend prioritizing coins with good liquidity, high market attention, and in popular sectors. Avoid going all-in at once; a staggered approach to building positions will be relatively safer.
As of yesterday, the overall net outflow of crypto ETFs was about 250 million dollars, indicating that institutional funds are currently more focused on reducing positions to hedge risks, and market confidence has not yet shown significant recovery.
Today, key support levels to watch are: BTC: around 58,000 ETH: around 1,500 SOL: around 63
In terms of trading strategy, I still maintain a bearish short-term outlook, patiently waiting for clear signs of market stabilization before considering mid-term positioning opportunities. $BTC $ETH $SOL #BTC #ETH #solana
Last night, the risk sentiment in the external markets noticeably cooled off, with tech stocks in the U.S. facing a collective pullback, which weighed on the crypto market. The Nasdaq closed down over 2%, with AI and semiconductor sectors taking a big hit. Stocks like NVIDIA and memory chip favorites saw funds cashing out, leading to a decline in crypto-related stocks and a clear drop in market risk appetite.
Looking at recent trends, Bitcoin's current pullback isn't just due to internal crypto factors; it's more influenced by adjustments in global risk assets. As U.S. stocks fluctuate at high levels and some funds begin to lower their risk exposure, the crypto market feels that emotional spillover, putting a dent in bull confidence again.
Currently, the overall market is still operating at the lower end of the daily range, with limited rebound strength and a weak overall trend. While the short-term volatility isn't particularly large, market sentiment has shifted back to a cautious state, with a noticeable increase in funds sitting on the sidelines.
From the institutional side, as of yesterday's data, the net inflow into crypto ETFs was about $31 million, which is relatively average, and we haven't seen any significant influx of new funds pouring in. Therefore, it's crucial to keep an eye on ETF fund flows and whether the market can generate new positive catalysts.
In terms of operations, I personally believe there's no need to rush into chasing higher prices at this stage; it's more important to observe when the market can truly find a bottom and stabilize.
Key levels to watch:
BTC: Support around 61000
ETH: Support around 1600
SOL: Support around 66
Until the market gives a clear stabilization signal, it's best to focus on a wait-and-see approach or engage in short-term day trading, patiently waiting for a directional choice. $BTC $ETH $SOL #BTC #ETH #solana
Influenced by the Japanese and Korean markets, the overall market took a dip, breaking below the 63000 level. If $BTC drops to around 60000, the structure of $HYPE suggests we could easily see a big 'head and shoulders' pattern forming.
Currently, the market has entered a state of panic again, with bulls showing weak rebound strength. Brothers going long need to tread carefully and wait for the US stock market later tonight before making any moves.
However, regarding the current market conditions, I personally recommend sticking to a conservative approach and focusing on day trading. Earning some cash right now is quite challenging, so cherish every single U in your pocket. $HYPE #BTC #hype
Good morning everyone!\n\nEven though the US and Iran signed an agreement yesterday, the market didn't seem to buy it, and the major indexes remained relatively calm without the strong rally everyone was hoping for.\n\nIt's not hard to understand, given that this isn't the final agreement, and the lack of trust between the US and Iran over the years raises concerns about potential changes or even reversals in the future. Therefore, funds are still being cautious at the moment.\n\nOn top of that, Israel remains the biggest unknown. If they continue actions against Lebanon, the situation in the Middle East could heat up at any moment. So, until these uncertainties are resolved, the market is unlikely to really take off.\n\nFrom a technical perspective, the daily chart is still in a sideways consolidation phase, without clear signals for a trend change. In plain terms, funds are just waiting for further developments between the US and Iran and for the situation to clarify before deciding on a direction.\n\nIn terms of capital, about $100 million flowed into BTC yesterday, which is a decent signal, indicating that some institutions are starting to shift from a wait-and-see approach to a more optimistic stance. However, there hasn't been a noticeable follow-up in funds for ETH and SOL yet, so we need to keep an eye on institutional movements going forward.\n\nThus, at this stage, I personally believe that the return of institutional funds is indeed positive, but it isn’t enough to directly drive the market into a strong upward trend.\n\nUnless there’s new heavy news to stimulate the market, today will likely still be dominated by sideways action.\n\nBTC focus on the 63000—66000 range\n\nETH focus on the 1680—1780 range\n\nSOL focus on the 69.5—73.5 range\n\nIn terms of trading strategy, stick to the old plan: quick in and out for short trades, manage your positions well, and don’t rush to chase the highs. It’s safer to consider increasing positions once the market gives a clearer direction.\n$BTC $ETH $SOL \n#BTC #ETH #solana \n\n\n
I'm mainly playing with day trading contracts, focusing on small capital trades.
The primary coins are mainly $BTC and $HYPE , etc.
Are there any fellow traders willing to follow along?
By the way, from April 20 to May 20, I was using my own silly AI to auto-analyze the market and execute trades. I think the win rate was decent, with no human intervention, and the live trading data is publicly available for verification.
Starting around mid-June, I've begun to operate manually, mainly trading during regular hours since I can't always monitor the charts. I guess age is catching up to me; I'm not the same as I was back in 2018.
During this period, the AI testing has shown some minor bugs, like the system constantly sending alerts, which is super annoying, and there are also issues with the backend coin selection feature.
I'll look to optimize everything at the end of the month if I have the time. Overall, the silly AI has been running stably, and the strategy is solid; it seems profitable. #BTC #hype
This weekend, the biggest variable in the market is still the US-Iran situation.
Originally, many thought that after signing the memorandum, the subsequent negotiations would gradually progress, but unexpectedly, new variables have appeared. The situation in the Strait of Hormuz has escalated again, and both sides have clearly taken a tougher stance, causing the market to worry about whether the situation will worsen further, thus risk aversion has surged again.
From the current situation, although the US and Iran have not completely broken down negotiations, there is still a long way to go before a comprehensive consensus is reached. Especially concerning core issues like regional conflicts and asset unfreezing, it’s unrealistic to think they can be resolved all at once in a short time.
For the market, what’s most important now isn’t who said what, but whether there will be any substantial progress. As long as the situation doesn’t clearly ease, funds are likely to remain cautious.
Recently, there hasn’t been a noticeable inflow of ETF funds, and institutions are still largely adopting a wait-and-see approach, so it won’t be easy for the market to break into a sustained uptrend in the short term.
Therefore, this week, don’t overthink it; just keep an eye on two directions: One is whether there’s any new development in the US-Iran situation; the other is whether institutional funds are flowing back into the market.
Before there are clear changes in these two factors, I personally maintain my previous view: the market seems to be in a consolidation phase rather than choosing a direct direction.
From a weekly perspective, we are still in the 60000-67000 range consolidation phase; a real trend-changing signal has not emerged yet.
In trading, stick to the old mindset, focusing on short-term and swing trades, and patiently wait for the market to provide a clear direction.
Good morning, everyone!\n\nLast night, the Federal Reserve's interest rate decision came in, and it was pretty much in line with market expectations, keeping rates unchanged. However, what everyone's really tuned into is the first public address from the new Fed Chair, Waller.\n\nFrom what he said, the tone was overall hawkish, without any clear signals of easing, which has got traders worried about the potential for continued tight policy down the line. During his speech, US stocks dipped, and the crypto market followed suit, although right now the overall volatility is still manageable.\n\nOn the charts, we're still rocking in a big range, with the rebound strength looking pretty weak, and market sentiment is quite cautious. Until we see a clear direction, I'm still leaning towards a bearish range-bound outlook.\n\nLooking ahead, the biggest focus this week is definitely the US-Iran talks happening this Friday.\n\nBoth sides have wrapped up the necessary document confirmations, and formal discussions, along with subsequent technical negotiations, are set to kick off in Switzerland on June 19. The key points the market is watching are the ceasefire, shipping in the Strait of Hormuz, oil exports, and adjustments to sanctions.\n\nIn simple terms, this is mainly about cooling down the situation; the core issues like nuclear discussions, enriched uranium stockpiles, and long-term sanctions arrangements will still need further negotiations down the road.\n\nIf things go smoothly in Friday's talks, we could see a boost for global risk assets; on the flip side, if there are setbacks, market sentiment might come under pressure again.\n\nOn the funding side, as of yesterday, there was a net outflow of about $6.85 million from crypto institutions, and the overall stance still seems to be one of waiting and seeing, with no clear influx of new capital yet. So, short term, it’s tough to expect a sustained bullish trend.\n\nFor today’s market, I personally think we’re more likely to see a range-bound situation.\n\nKeep an eye on BTC support around 63000;\nETH support near 1680;\nSOL support around 69.5.\n\nIn terms of trading strategy, I recommend playing it safe for now. It’s a better time to manage your positions, focusing on swing trades and short-term intraday plays, and patiently wait for the market to give a more definite direction.\n$BTC $ETH $SOL \n#BTC #ETH #solana #美联储四度维持利率不变 \n\n\n
The market was pretty calm yesterday, without any significant volatility, and there's still a clear wait-and-see sentiment among traders.
Right now, the focus is still on the two key points mentioned yesterday: first, whether the US-Iran memorandum can be signed smoothly this Friday, and second, the Federal Reserve's interest rate decision at 2 AM tonight.
From the market's reaction, it seems that the bullish expectations brought by the US-Iran agreement have already been partially priced in. Especially with international crude oil dropping sharply yesterday, it indicates that the market's optimism about easing tensions in the Middle East is on the rise. However, until the agreement is officially sealed, funds remain cautious, as there’s still some uncertainty before the final outcome is announced.
On the Fed's side, the market has basically accepted that interest rates will remain unchanged this time, so the real focus will be on the post-meeting comments. If hawkish signals are released, it might impact market sentiment in the short term; conversely, dovish comments could benefit risk assets and support a rebound.
Looking at the funding data, institutional participation was still low yesterday, with a net inflow of only about $300,000, indicating that many funds are waiting for news to settle before making any moves.
Therefore, for today’s market, I personally believe we’re likely to see a range-bound scenario, making it hard to break into a one-sided trend. It’s more about patiently waiting for the news to be announced.
In terms of trading strategy, continue focusing on short-term swings or consider staying on the sidelines. Avoid chasing prices blindly; it’s much safer to wait for the news to clarify before participating in the trend.
Personal reference ranges:
BTC: 64500—67500
ETH: 1730—1850
SOL: 71.5—76
The overall mindset is still leaning towards a range-bound view, keeping an eye on the market while controlling the pace and position size. Avoid excessive speculation before the news drops, and it will be clearer to follow the trend once the direction is established. $BTC $ETH $SOL #BTC #ETH #solana
Regarding the US-Iran memo signing scheduled for this Friday, the overall market remains fairly cautious.
As mentioned yesterday, aside from the progress in US-Iran negotiations, the situation in the Middle East still carries a lot of uncertainty. The issues between Israel and Lebanon remain a key focus for the market. According to the latest news, Israel is still refusing to withdraw troops from Lebanon, which indicates that the regional tensions have not fully eased. In the days leading up to the formal signing of the agreement, there are still variables at play, causing market participants to adopt a wait-and-see approach, with risk appetite decreasing.
Meanwhile, crypto ETF funds saw continued outflows yesterday, with a net outflow of about $100 million in a single day. This reflects that some institutional funds remain cautious regarding the developments in the US-Iran situation, and have not significantly increased their risk asset allocations before the agreement is officially in place.
Recently, both the US stock market and the crypto market have been largely influenced by news events, so we need to keep a close eye on the progress of US-Iran negotiations and changes in the Middle East situation. If the agreement can be smoothly signed this week, it would help alleviate geopolitical risks, positively impacting global financial markets and economic expectations, while also providing a more stable external environment for the Fed's subsequent interest rate policies.
As for today’s market movement, my personal view remains unchanged:
In the short term, I continue to see an upward trend, with an overall structure leaning towards bullish.
Pay attention to the resistance levels: BTC around 68000; ETH around 1880; SOL around 78.
In terms of strategy, I still recommend keeping patience, monitoring news developments, managing your positions, and avoiding blind chasing of prices. $BTC $ETH $SOL #BTC #ETH #solana #美国伊朗终战协议