Time flies, it's already Friday
Looking at the overall market trend, it still needs to be primarily driven by fluctuations. However, there are still back-and-forth spikes for liquidating both long and short positions. Personally, I believe that this will continue to be a repeated liquidation; we haven’t truly reached a turning point yet. The current liquidation map shows that BTC, ETH, SOL, etc., are all indicating bullish trends, but the intensity is average, suggesting that there is a risk of liquidation for both long and short positions. Right now, it’s more about waiting to observe a real market shift.
As for the spot ETF institutional capital shows:
BTC net outflow of $154 million,
ETH net outflow of $42.3 million,
SOL net inflow of $11 million.
This indicates that SOL is still favored by institutions and is actively being positioned, while BTC and ETH are viewed with caution by institutions in the short term, and they are also rebalancing their asset allocations.
From the current overall market trend, during the day it is still mostly in a state of small fluctuations. We still need to wait for the US stock market to open in the evening for volatility to increase, thus it is more suitable for short-term or swing trading. The short-term BTC range is fluctuating between 90000-94000; ETH range is fluctuating between 3150-3320; SOL range is fluctuating between 132-141.
Short-term contract trading strategy:
Short BTC at 93500 or enter at a high, add positions at 95000, take profit in batches at 91000.
Conversely, go long at 90000 or enter at a low, add positions at 88500, take profit in batches at 93000.
Short ETH at 3300 or enter at a high, add positions at 3400, take profit in batches at 3150.
Conversely, go long at 3180 or enter at a low, add positions at 3080, take profit in batches at 3300.
Go long SOL at 136 or enter at a low, add positions at 130, take profit in batches at 140.
Conversely, short at 140 or enter at a high, add positions at 144, take profit in batches at 135.
Friendly reminder:
1. The stop-loss suggestion should be set based on personal actual liquidation price and the amount of loss one can bear.
2. Don't be greedy, securing profits is safer. It's better to take a small loss than to hold against a losing position. If the direction is correct, continue to hold.
