The current market daily chart is still in consolidation, unable to effectively change trend, and the overall market trend remains weak with a rebound strength. Today's strategy is largely consistent with yesterday's, with a short-term recommendation to continue observing or to trade contracts intraday.



Apart from the US-Iran news, the market is also waiting for tonight's focus on the US.
CPI data release, to see if it can trigger a rally in US stocks and the crypto market. After all, since the beginning of the month correction, the market has only entered a brief sideways consolidation. Whether it is a bottoming or a continued decline, the market is waiting for signals. Fear sentiment is still being digested, so the market has remained sluggish these days.

Secondly, attention should also be paid to whether US stocks can stabilize around 25,000, because last night’s US stock market decline also pulled the market down. If US stocks fail to effectively hold around 25,000, there is a risk of further decline. Similarly, the futures market will also continue to pull back, even risking a direct drop below 60,000. Of course, the current short-term support around 60,000 in the market is not very strong, so more attention is needed on the CPI data release and the market’s reaction.

Regarding today’s market trend, I personally believe it is mainly oscillating downward. BTC’s short-term fluctuation range is roughly 60,000-63,000, ETH’s is 1,580-1,680, and SOL’s is 63-67.

Today’s contract strategy:
BTC: 62,000 or short on rallies, take profit at 60,000

ETH: 1,660 or short on rallies, take profit at 1,580

SOL: 66.5 or short on rallies, take profit at 63

Warm tips:
1. Stop-loss suggestions should be set according to individual actual liquidation prices and the amount of loss one can bear.
2. Don’t be greedy; lock in profits and avoid holding onto positions with small losses. Better to take small losses than fight against the trend. $BTC If the direction is correct, continue holding.
BTC-3.23%
ETH-3.53%
SOL-4.18%
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