Good morning everyone, a new week, a new beginning~

Currently, the overall daily chart of the market remains mainly in a state of fluctuation and sideways movement, and the market is more focused on whether the market can truly stop falling. Therefore, this week, the focus should be on whether the market can gradually build a bottom and repair the K-line trend. Personally, I believe the market will mainly fluctuate sideways this week, with limited rebound strength. The release of the US CPI data this week will also be one of the market-focused news. As for the US-Iran peace negotiations, they are still stuck in a deadlock, and we need to continue monitoring the subsequent developments.

It is worth noting whether tonight’s US stock market opening will further decline, because last Friday, US stocks fell at one point, which also dragged the market down again, directly breaking below around 60,000. Therefore, I personally think tonight’s US stock market opening should focus on the 25,000 level below. We need to watch whether there is a risk of further decline at tonight’s opening.

As for ETF institutional fund flows over the past five trading days, they have been in a risk-averse reduction state, with a net outflow of about $18.8 billion. Therefore, this week, we still need to closely monitor institutional fund flows. If there is continued large net outflow of funds this week, it means the market has not yet stopped falling and there is still a risk of further decline, let alone a rebound.

Personally, regarding trading strategies for the market, I suggest short-term contracts mainly follow a conservative short-term trading approach. Once clearer trend signals emerge, consider trading strategies above the daily chart level. As for spot trading, as I mentioned last week, it’s best to build positions gradually and enter the market in batches.

Today, BTC’s overall fluctuation range is 61,000-64,500, ETH’s short-term fluctuation range is 1,620-1,750, and SOL’s short-term fluctuation range is 64-68.5.

Today’s contract strategies:
BTC: Short at 64,500 or sell high, take profit at 62,000

ETH: Short at 1,750 or sell high, take profit at 1,650

SOL: Short at 68 or sell high, take profit at 64.5

Warm tips:
1. Stop-loss suggestions should be set based on your actual liquidation price and your ability to bear losses.
2. Don’t be greedy; take profits and secure gains. Better to take small losses than fight against the market. If the direction is correct, hold on.
$SOL ‌$ETH ‌$BTC ‌