Good morning everyone, let's talk about the overall market trend~



Currently, the daily chart of the market continues to fluctuate mainly downward in the short term, with the overall direction still bearish, mainly influenced by the US-Iran incident. According to the latest news from Trump, an agreement is close to being reached, so the planned strike on Iran today has been postponed by 2 to 3 days. The next few days will be the market's most discussed topic, and the market has once again entered a wait-and-see mode for subsequent developments. However, I personally believe that Trump's style of doing things is well known, so the market also has certain psychological expectations. We will see how it unfolds.

If you haven't yet built a position in spot trading, I think patience is key. Wait for this wave of market correction to bottom out, then consider gradually accumulating mainstream coins for medium to long-term positioning. As for futures, they are temporarily affected by the US-Iran situation and current market trends, so I recommend a short-term swing trading approach with a prudent strategy. Yesterday, ETF institutional funds had a net outflow of about $216 million, and over the past five trading days, the total net outflow was about $1.4 billion. Continuous outflows indicate institutions are reducing positions to hedge, so caution is advised.

For today's short-term BTC trend, the overall fluctuation range is between 75,000 and 77,500; ETH's short-term range is 2,050 to 2,150; SOL's short-term range is 82 to 86.

Today's futures strategy remains the same as yesterday:
BTC: Short at 77,500 or consider shorting on rallies, take profit at 75,000

ETH: Short at 2,130 or consider shorting on rallies, take profit at 2,060

SOL: Short at 85.5 or consider shorting on rallies, take profit at 82.5

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 fight against the market. If the direction is correct, continue holding.
$BTC $ETH $SOL
BTC0.03%
ETH0.45%
SOL0.48%
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TooUgly
· 3h ago
😂😏😏😀😏😀🤭😀🤭😀😀🤭😀🤭😀🤭😀🤭😀🤭😀😏😀😏😏😀😀😏😉😉😉
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YaoQianshuA
· 6h ago
Getting ready to fire the machine guns and cannons, of course we have to shoot.
If we don't shoot, Iran has no way out.
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Mr.LV
· 6h ago
😂😏😏😀😏😀🤭😀🤭😀😀🤭😀🤭😀🤭😀🤭😀🤭😀😏😀😏😏😀😀😏
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Gate.io518
· 7h ago
😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀😀
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ExtremeWayBit
· 7h ago
Compound interest is the eighth wonder of the world, but drawdowns are too; manage risk well.
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