The market has been range-bound these past two days, and the most comfortable approach is to trade within the 73,000-76,000 range. Don't chase aggressively.

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ShrimpTeacher
Good morning everyone, it’s already Friday today.

From the latest news, Trump announced that both Israel and Lebanon agreed to a 10-day ceasefire. For the market, this is good news, and it also matches market expectations. Next, the key focus will be on the developments in the US-Iran negotiations. In Trump’s updates, he also said that a second round of US-Iran talks may be held this weekend, and that progress has been made on the Iranian side. As for whether the US-Iran ceasefire time will be extended, it is still pending and undecided. Therefore, this weekend is relatively special, and the overall market will still face relatively large volatility. In terms of trading, you need to pay attention to the US-Iran developments.

Secondly, looking at the overall market trend, the market continues to trade in a range-bound pattern. Just like yesterday’s analysis, overall it is fluctuating between 73,000 and 76,000. Personally, I believe today the market will continue to range, and the market is also waiting and watching for the follow-up related developments after US-Iran talks—such as whether the specific negotiation time will be set for this weekend, or whether it needs to be arranged for next week, and whether they can reach some basic consensus in principle on both sides. Therefore, in conditions where signals are not clear, it’s enough to do short-term swing trades within the short-term fluctuation range.

As for ETF institutional fund flows currently, yesterday there was a net outflow of about 40 million US dollars, and on the liquidation map, the BTC and ETH longs and shorts are relatively sparse, which is enough to show that the current market is relatively cautious and is in a waiting state. Meanwhile, SOL is currently bull-led and relatively dense, but because there have been many rebounds, it is now gradually pulling back. Long position 1 has already been liquidated—so you need to watch the risks.

As for Ethereum, its short-term fluctuation range is 2280-2380, and SOL’s short-term fluctuation range is 86-91.

Short-term contract strategy:
BTC: 74000 or go long on dips, take profit at 75500

ETH: 2300 or go long on dips, take profit at 2380

SOL: 89 or short on rallies, take profit at 86.5

Warm reminder:
1. Stop-loss suggestions should be set according to your personal actual liquidation price and the principal amount you personally can afford to lose.
2. Don’t be greedy—take profits. It’s better to take a small loss than to hold a position through it. If the direction is correct, continue to hold.
$ETH $SOL $BTC
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