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


Currently, the daily chart shows the market continuing to fluctuate slightly downward in the short term, with the overall direction remaining 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. This will be the most watched topic in the coming days, and the market has once again entered a wait-and-see mode for further developments. However, I personally think everyone is quite familiar with Trump's style of acting, so the market also has some psychological expectations. We will see how it unfolds.
If you haven't yet built a position in spot trading, I suggest patiently waiting. Once this wave of market correction bottoms out and starts to form a base, consider gradually accumulating main cryptocurrencies for medium- to long-term investment. As for futures contracts, they are currently affected by US-Iran tensions and the overall market trend, so I recommend taking a short-term swing trading approach with a cautious stance. Additionally, yesterday ETF institutional funds saw 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 risks, so be sure to pay attention to risk management.
For today, the short-term trend of BTC is expected to fluctuate between 75,000 and 77,500, ETH between 2,050 and 2,150, and SOL between 82 and 86.
The contract strategies for today remain the same as yesterday:
BTC: Short at 77,500 or look for shorting opportunities at higher levels, take profit at 75,000
ETH: Short at 2,130 or look for shorting opportunities at higher levels, take profit at 2,060
SOL: Short at 85.5 or look for shorting opportunities at higher levels, 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 hold on and face bigger ones. If your direction is correct, continue holding.
BTC-0.02%
ETH-0.92%
SOL-1.17%
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