The big market is stuck around the 80,000 level, chopping sideways! Shitcoin copies are going wild, how should you play contracts today?
Lately the market really feels torn apart. BTC keeps getting pulled back and forth around the 80,000 threshold—when it tries to move up, it gets smashed down. When it drops, buy orders come in to catch it again.
On one side, BTC and ETH are grinding at high levels; on the other, privacy coins like ZEC are violently pumping, doubling, and many small coins are ripping up more than ten percentage points in a single day—while plenty of other copy coins just lie flat and do nothing.
Market sentiment is currently in the greed zone. Leverage is piled up very high, with a consistently large number of liquidation events every 24 hours. Two-way stop-loss sweeps are especially frequent. Chasing longs can easily get you stabbed with a wick; chasing shorts is risky too because price might directly rip higher and explode shorts. Many retail traders now find it hard to decide whether to stay or exit.
Macro forces are tugging both ways: ETFs continue to see inflows to provide support, but US data is somewhat hawkish and US Treasury yields are rising, which suppresses the行情. In the short term, it’s hard to see a clean one-direction market; it will be mostly range-bound with shakeouts.
Practical contract strategies for major coins
$BTC (current price around 79,600)
Resistance: 80,500‑81,000; strong resistance 82,000
Support: 78,500; strong support 77,000
Buy on pullback: enter in the 78,500‑79,000 zone
Stop loss: below 77,800
Take profit 1: 80,400‑80,800
Take profit 2: 81,800‑82,000
Not recommended to chase longs at high levels. If it directly breaks above 81,000, don’t chase—wait for a pullback.
Counter-trend short: only suitable if it spikes up into the 80,800‑81,200 area and faces rejection, then try a small short position. Stop loss: 81,800. Targets: 79,500‑78,800.
BTC is currently in a choppy range. It’s not suitable to heavily bet. Use a small position to trade pullbacks, and always use a strict stop loss.
$ETH (current price around 2,490)
Resistance: 2,560; strong resistance 2,740
Support: 2,450; strong support 2,380
Buy on pullback: enter on the 2,440‑2,470 pullback
Stop loss: below 2,390
Take profit 1: 2,540‑2,560
Take profit 2: 2,650‑2,700
ETH tends to loosely track BTC, and ETH’s own independent trend is weak. Don’t go all-in betting on a one-sided ETH move.
$SOL (current price around 105)
Resistance: 108‑110; strong resistance 115
Support: 100; strong support 95
Buy on pullback: enter on the 100‑102 zone
Stop loss: below 94.5
Take profit 1: 107‑109
Take profit 2: 113‑115
Copy coins swing much more. Be sure to place stop losses properly—don’t hold onto losing positions.
ZEC (current price 1,185)
Resistance: 1,250‑1,270; strong resistance 1,400
Support: 1,050‑1,100; strong support 880‑920
Buy on pullback: enter on the 1,050‑1,100 pullback
Stop loss: below 980
Take profit 1: 1,240‑1,270
Take profit 2: 1,350‑1,400
ZEC has pumped sharply in the short term; RSI is severely overbought. Absolutely no chasing. Only take opportunities on pullbacks.
Lately the market really feels torn apart. BTC keeps getting pulled back and forth around the 80,000 threshold—when it tries to move up, it gets smashed down. When it drops, buy orders come in to catch it again.
On one side, BTC and ETH are grinding at high levels; on the other, privacy coins like ZEC are violently pumping, doubling, and many small coins are ripping up more than ten percentage points in a single day—while plenty of other copy coins just lie flat and do nothing.
Market sentiment is currently in the greed zone. Leverage is piled up very high, with a consistently large number of liquidation events every 24 hours. Two-way stop-loss sweeps are especially frequent. Chasing longs can easily get you stabbed with a wick; chasing shorts is risky too because price might directly rip higher and explode shorts. Many retail traders now find it hard to decide whether to stay or exit.
Macro forces are tugging both ways: ETFs continue to see inflows to provide support, but US data is somewhat hawkish and US Treasury yields are rising, which suppresses the行情. In the short term, it’s hard to see a clean one-direction market; it will be mostly range-bound with shakeouts.
Practical contract strategies for major coins
$BTC (current price around 79,600)
Resistance: 80,500‑81,000; strong resistance 82,000
Support: 78,500; strong support 77,000
Buy on pullback: enter in the 78,500‑79,000 zone
Stop loss: below 77,800
Take profit 1: 80,400‑80,800
Take profit 2: 81,800‑82,000
Not recommended to chase longs at high levels. If it directly breaks above 81,000, don’t chase—wait for a pullback.
Counter-trend short: only suitable if it spikes up into the 80,800‑81,200 area and faces rejection, then try a small short position. Stop loss: 81,800. Targets: 79,500‑78,800.
BTC is currently in a choppy range. It’s not suitable to heavily bet. Use a small position to trade pullbacks, and always use a strict stop loss.
$ETH (current price around 2,490)
Resistance: 2,560; strong resistance 2,740
Support: 2,450; strong support 2,380
Buy on pullback: enter on the 2,440‑2,470 pullback
Stop loss: below 2,390
Take profit 1: 2,540‑2,560
Take profit 2: 2,650‑2,700
ETH tends to loosely track BTC, and ETH’s own independent trend is weak. Don’t go all-in betting on a one-sided ETH move.
$SOL (current price around 105)
Resistance: 108‑110; strong resistance 115
Support: 100; strong support 95
Buy on pullback: enter on the 100‑102 zone
Stop loss: below 94.5
Take profit 1: 107‑109
Take profit 2: 113‑115
Copy coins swing much more. Be sure to place stop losses properly—don’t hold onto losing positions.
ZEC (current price 1,185)
Resistance: 1,250‑1,270; strong resistance 1,400
Support: 1,050‑1,100; strong support 880‑920
Buy on pullback: enter on the 1,050‑1,100 pullback
Stop loss: below 980
Take profit 1: 1,240‑1,270
Take profit 2: 1,350‑1,400
ZEC has pumped sharply in the short term; RSI is severely overbought. Absolutely no chasing. Only take opportunities on pullbacks.
