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Don't remind me again today

I looked at the latest liquidation map and found an interesting phenomenon - the current market short positions are quite concentrated and have already started to be cleared one after another.



Bitcoin is currently at 86600, and the short positions are piling up thick. If it rebounds to around 88600, approximately 1.58 billion dollars of short positions could be liquidated. Ethereum at the 2800 position is similar, with the bears in control; if it rises to 2900, the expected liquidation amount is around 1.38 billion dollars. SOL also has a dominant short position; if it pulls up to 130 from around 127 dollars, about 240 million dollars could be cleared. So we need to keep a close eye on the upcoming trends, as the risk of short positions being liquidated is significant.

Let's take a look at the movements on the institutional side. The ETF fund flow indicates a net inflow of $7.4 million for BTC and a net inflow of $19 million for SOL, with both trading volumes being small, suggesting that most institutions are still on the sidelines, with only a few testing the waters with small amounts. Ethereum is in a worse situation, with a net outflow of $74.1 million in a single day, and some institutions showing clear short positions sentiment in the short term.

Comprehensive judgment: There is a high probability of sideways fluctuations in the short term. Considering the performance of the US stock market and the overall trend, BTC may oscillate between the range of 84000-88500, while ETH is expected to fluctuate between 2700-2900, and SOL is estimated to move within the range of 121-131.

Additionally, I would like to remind you that Powell will be speaking at 10:15 PM tonight. Personally, I think it will bring a wave of market movement, so I recommend focusing on short-term trading during this period.

Contract Strategy Reference:
Consider short positions near 87500 for BTC, add to positions at 90000, and take profits in batches at 85000.
Short positions on ETH at 2830 or higher, adding to position at 3000, taking profits in batches at 2730.
It is recommended to short SOL at 129 or higher positions, add to the position at 134, and take profit in batches at 123.

In conclusion, a few words: set your stop-loss according to your position and risk tolerance, don't fight against the market. If you're right about the direction, hold on; if not, run quickly. Securing profits is the way to go.
BTC2.26%
ETH1.32%
SOL3.39%
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GateUser-7b078580vip
· 11h ago
Don't short too much.
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StrawberryIcevip
· 11h ago
It's all about short-term trading.
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GasFeeCriervip
· 11h ago
The contract is about to Be Played for Suckers again.
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MEVSandwichVictimvip
· 11h ago
The small account is waiting for the Get Liquidated feast.
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