Good morning everyone! Last night, although the broader market saw a rebound, unfortunately it didn’t manage to hold its ground. It quickly returned to the sideways trading range.
Personally, I think this rebound is still largely a short-term long-versus-short battle, and we haven’t yet seen any real signals of a trend change. I also mentioned yesterday that several key pieces of news this week haven’t been落地 yet, so overall market sentiment remains somewhat cautious. Institutional funds also haven’t shown any clear signs of entering the market.
Therefore, today’s approach stays the same for now. The broader market is expected to continue trading sideways and range-bound. As for contracts, we should continue focusing on intraday short-term moves and long/short swing opportunities.
After yesterday’s BTC rebound, it failed to break through and hold above 80,000, so for now we can’t confirm that the market is turning back to strength. Today, instead, we should place extra emphasis on the support levels below. If key areas break down, we also need to be alert for a further pullback.
BTC: Watch the support around 76,500
ETH: Watch the support around 2,450
SOL: Watch the support around 99
Before the news has fully landed, I personally think there’s no need to rush to judge direction yet. First, just see whether the key levels can be defended.
$BTC $ETH $SOL
#BTC #ETH #solana
Personally, I think this rebound is still largely a short-term long-versus-short battle, and we haven’t yet seen any real signals of a trend change. I also mentioned yesterday that several key pieces of news this week haven’t been落地 yet, so overall market sentiment remains somewhat cautious. Institutional funds also haven’t shown any clear signs of entering the market.
Therefore, today’s approach stays the same for now. The broader market is expected to continue trading sideways and range-bound. As for contracts, we should continue focusing on intraday short-term moves and long/short swing opportunities.
After yesterday’s BTC rebound, it failed to break through and hold above 80,000, so for now we can’t confirm that the market is turning back to strength. Today, instead, we should place extra emphasis on the support levels below. If key areas break down, we also need to be alert for a further pullback.
BTC: Watch the support around 76,500
ETH: Watch the support around 2,450
SOL: Watch the support around 99
Before the news has fully landed, I personally think there’s no need to rush to judge direction yet. First, just see whether the key levels can be defended.
$BTC $ETH $SOL
#BTC #ETH #solana