Good morning everyone


Looking at the daily chart of the main market entering a short-term consolidation sideways, Ethereum and most altcoins have experienced significant pullbacks, which indicates that current market liquidity is fragile and confidence is lacking. However, before mainstream altcoins truly explode, it’s more suitable to give those who haven't accumulated spot holdings a chance to buy in batches. The overall upward trend of the main market structure still remains, so it’s relatively healthy. For now, just keep an eye on whether the structure can continue to hold in the coming days.
Latest news from the US and Iran shows that their leadership is engaged in a "war of words." Since there hasn't been a real escalation of conflict, the market is currently in a silent period. We should wait to see if there will be any substantial progress later. The market is mainly concerned about whether the index can hold around 80,000 below, because if it breaks below, the upward trend could be damaged, and market panic may increase. Personally, I still maintain my previous bullish outlook.
Regarding the current liquidation maps of BTC and SOL, they show a relatively balanced long and short positions. However, BTC’s long and short concentration is average, while ETH is quite special—dominated by bears with very few bulls, and the concentration of long and short positions is sparse. It’s worth watching whether this changes later, which is also one of the reasons why ETH’s upward momentum appears tired and why the pullback is more significant.
Today’s overall BTC fluctuation range is 80,000-83,000, ETH’s range is 2,250-2,360, and SOL’s range is 86-90.
Today’s contract strategy:
BTC: Short at 81,500 or on a rally, take profit at 80,000
ETH: Short at 2,330 or on a rally, take profit at 2,260
SOL: Short at 88.5 or on a rally, take profit at 86.5
Warm tips:
1. Stop-loss suggestions should be set according to your actual liquidation price and your ability to bear losses.
2. Don’t be greedy; lock in profits when possible. It’s better to take small losses than to hold on stubbornly. If the direction is correct, continue to hold.
$BTC $ETH $SOL
BTC-0.71%
ETH-2.2%
SOL1.18%
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GateUser-38ad2cfa
· 1h ago
Hi
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