Good morning, everyone~
As we discussed in yesterday’s market outlook, the overall index on the daily chart is still maintaining a range-bound consolidation and has not shown any clear directional trend. The market is generally waiting for the CPI data to be released this Friday. Before major news is released, large funds are not showing strong willingness to enter. Last night’s U.S. stock market also mainly traded sideways, which further suggests that investors’ wait-and-see sentiment remains quite evident.
In terms of price action, BTC’s recent rebound strength has been relatively limited; it’s a bit weak in the short term, but the overall structure is still reasonably healthy for now. Today, the key focus is support around the 77,000 level below BTC. If there is no clear breakdown, it will likely continue to trade in a consolidation rhythm.
For ETH, focus on around 2,400 below. For SOL, watch around 100.
Therefore, today’s futures trading approach remains unchanged for the time being: mainly day trading or swing trading, and it’s not advisable to chase or cut aggressively at this stage.
Also, since the market has yet to break out decisively, you can consider paying some attention to recently active coins like ZEC and HYPE. Compared with BTC and ETH, they tend to have larger intraday fluctuations, and that generally means more short-term trading opportunities and room to operate.
Overall plan: wait for CPI—stick to short-term trading in a range-bound market, and only look for the real direction once the news lands.
#BTC #ETH #solana
As we discussed in yesterday’s market outlook, the overall index on the daily chart is still maintaining a range-bound consolidation and has not shown any clear directional trend. The market is generally waiting for the CPI data to be released this Friday. Before major news is released, large funds are not showing strong willingness to enter. Last night’s U.S. stock market also mainly traded sideways, which further suggests that investors’ wait-and-see sentiment remains quite evident.
In terms of price action, BTC’s recent rebound strength has been relatively limited; it’s a bit weak in the short term, but the overall structure is still reasonably healthy for now. Today, the key focus is support around the 77,000 level below BTC. If there is no clear breakdown, it will likely continue to trade in a consolidation rhythm.
For ETH, focus on around 2,400 below. For SOL, watch around 100.
Therefore, today’s futures trading approach remains unchanged for the time being: mainly day trading or swing trading, and it’s not advisable to chase or cut aggressively at this stage.
Also, since the market has yet to break out decisively, you can consider paying some attention to recently active coins like ZEC and HYPE. Compared with BTC and ETH, they tend to have larger intraday fluctuations, and that generally means more short-term trading opportunities and room to operate.
Overall plan: wait for CPI—stick to short-term trading in a range-bound market, and only look for the real direction once the news lands.
#BTC #ETH #solana