It’s Friday again—good morning everyone~
I took a look at this week’s market index weekly chart. Basically it’s pretty much the same as the past few weeks: we’re still in a narrow-range, sideways consolidation. Especially right now, the situation between the US and Iran remains in a stalemate, and there hasn’t been any other major news in the market that could break the balance temporarily. Personally, I think in the short term it’s likely to continue in this relatively quiet state.
With this kind of行情, there’s actually no need to constantly guess the direction. More importantly, it’s about patiently waiting for a real breakout signal. As for contract trading ideas, sticking mainly to intraday short-term fluctuations should be enough. If you have the conditions, you can also consider starting a short-term trading robot to do some arbitrage within the ranging market.
Based on the rhythm of the past stretch of price action, I believe that unless there’s unexpected news today, the index will most likely stay in consolidation. Also, liquidity and the news flow are usually relatively weaker over the weekend—so on Saturday and Sunday, you don’t need to expect particularly big moves. It’s more about seeing whether next week can truly break out into a clear direction.
As for spot markets, I mentioned this before too: if you already have plans for medium-to-long-term allocation, then during a phase when market attention is relatively low and conditions are a bit quiet, you can actually keep monitoring and scaling in gradually. Give priority to mainstream coins with good liquidity and high market recognition. Many times, the stage that’s truly suitable for buying isn’t when the market is at its hottest, but when people are just not that interested. Of course, it’s still recommended to manage position sizing and not go all-in at once.
As for today’s specific index levels, they’re not much different from the positions we watched yesterday, so I won’t repeat them.
We’re almost at the weekend again. Wishing everyone a great weekend, and may you get rich~
$BTC $ETH $SOL
#BTC #ETH #solana
I took a look at this week’s market index weekly chart. Basically it’s pretty much the same as the past few weeks: we’re still in a narrow-range, sideways consolidation. Especially right now, the situation between the US and Iran remains in a stalemate, and there hasn’t been any other major news in the market that could break the balance temporarily. Personally, I think in the short term it’s likely to continue in this relatively quiet state.
With this kind of行情, there’s actually no need to constantly guess the direction. More importantly, it’s about patiently waiting for a real breakout signal. As for contract trading ideas, sticking mainly to intraday short-term fluctuations should be enough. If you have the conditions, you can also consider starting a short-term trading robot to do some arbitrage within the ranging market.
Based on the rhythm of the past stretch of price action, I believe that unless there’s unexpected news today, the index will most likely stay in consolidation. Also, liquidity and the news flow are usually relatively weaker over the weekend—so on Saturday and Sunday, you don’t need to expect particularly big moves. It’s more about seeing whether next week can truly break out into a clear direction.
As for spot markets, I mentioned this before too: if you already have plans for medium-to-long-term allocation, then during a phase when market attention is relatively low and conditions are a bit quiet, you can actually keep monitoring and scaling in gradually. Give priority to mainstream coins with good liquidity and high market recognition. Many times, the stage that’s truly suitable for buying isn’t when the market is at its hottest, but when people are just not that interested. Of course, it’s still recommended to manage position sizing and not go all-in at once.
As for today’s specific index levels, they’re not much different from the positions we watched yesterday, so I won’t repeat them.
We’re almost at the weekend again. Wishing everyone a great weekend, and may you get rich~
$BTC $ETH $SOL
#BTC #ETH #solana