The New Year's holiday has ended. Let's briefly review the market situation this week. It can be seen that the market has been mainly fluctuating sideways at the weekly level, especially without any significant news impact. Overall, the volatility is average, with a slightly better performance during the New Year period where the daily level showed an upward trend. As the foreigners' New Year is about to end, I personally believe that the market will likely see a change next week.
Last week's ETF spot fund dynamics are as follows:
BTC net inflow of $458.7 million,
ETH net inflow of $161.3 million,
SOL net inflow of $19 million,
indicating that institutions are relatively optimistic in the short term and are actively buying in preparation for the upcoming market trends.
Currently, the clearing map (7 days) shows that BTC, ETH, and SOL are all dominated by bulls and are very dense, indicating that the market believes the major index will trend upward.
From the current daily trend, BTC has once again reached a cyclical resistance level, thus the short-term volatility range is 89500-93000,
ETH short-term volatility range is 3050-3250, and SOL's volatility range is 129-137.
Trading strategy:
BTC: Build a position at 90000 or enter long on dips, add to position at 88000, staggered take profit at 82000.
ETH: Build a position at 3080 or enter long on dips, add to position at 3000, staggered take profit at 3200.
SOL: Build a position at 130 or enter long on dips, add to position at 126, staggered take profit at 137.
Friendly reminder:
1. Stop-loss suggestions should be set according to personal liquidation price and the amount of loss one can bear.
2. Don't be greedy; securing profits is better. It's okay to have small losses, but never hold onto losing positions. If the direction is right, continue to hold.
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