#TradFi交易分享挑战 A new week, a new beginning. Good morning everyone.


After the market fell below 80k, the daily chart trend has been declining all the way down, and the current market has failed to rebound effectively, remaining in a downtrend. The market has once again entered a state of panic, with the current fear index at 27. Therefore, in the short term, it is crucial to focus on where the market will bottom out during the decline. The same applies to most altcoins. I believe the main reason for the market correction is influenced by US-Iran news. Additionally, in the daily chart structure, the short-term upward trend has broken, accelerating the downward movement.
In the weekly chart of BTC, the market has entered a range-bound consolidation, so this week the overall market will fluctuate between 73,000 and 80,000, mainly bearish. ETH has been relatively weak recently, remaining in a cyclical consolidation phase. When the market rises, ETH has not kept up or led the rally; during market declines, ETH's correction is more pronounced. Therefore, this week ETH will fluctuate between 1950 and 2250. SOL's daily chart shows a formation resembling an inverted V, while the weekly chart remains mainly in a range-bound consolidation. This week, SOL's overall fluctuation range is approximately 77-89. Switching to the monthly chart for ETH and SOL makes the consolidation more apparent.
In the past five trading days, ETF institutions have net outflows of about $345 million, indicating that institutional funds are short-term building positions for risk aversion. The outflow of institutional funds also impacts the market and is one of the factors to watch closely. Continued attention to the subsequent movement of institutional funds is necessary.
Today, focus on the following levels: BTC around 75,000, ETH around 2,050, SOL around 82.
Today’s contract strategies:
BTC: Short at 77,500 or on rallies, take profit at 75,000
ETH: Short at 2,130 or on rallies, take profit at 2,060
SOL: Short at 85.5 or on rallies, take profit at 82.5
Warm tips:
1. Stop-loss suggestions should be set based on your actual liquidation price and your risk tolerance.
2. Do not be greedy; lock in profits when possible. It’s better to take small losses than to hold against the trend. If the direction is correct, continue holding.
$BTC $ETH $SOL
BTC-0.98%
ETH-2.02%
SOL-1.53%
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jimmychen
· 3h ago
The BTC-ETH chart now shows both sides pulling each other down, with the bullish trend clearly weakening, the market is pulling back, still accumulating, the bearish trend has not ended, and all the recent rises are just to lure in more buyers.
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