Data analysis:

According to the current liquidation map, the market is currently dominated by bulls. Based on the current Bitcoin price around $118,500, if the market fluctuates by $2,000 up and rises to around $120,500, it is estimated that the cumulative liquidatable short amount will be approximately $850 million. Conversely, if the market drops to around $116,500, it is estimated that the cumulative liquidatable long amount will be approximately $2.093 billion.
The Bitcoin spot ETF saw an inflow of $5.3 million yesterday, and the Ether spot ETF saw an inflow of $92.3 million yesterday.

Market view:
Market Direction: The daily chart is fluctuating sideways. From the current market trend, the daily level is still primarily in a state of sideways fluctuation, while Ethereum is showing an independent market trend. From the current Ethereum trend, the short-term retracement is not very strong, as the overall Ethereum trend remains relatively strong. I personally believe that if the market does not experience a significant retracement to liquidate long positions, Ethereum will still have the opportunity to continue rising. The main point is that there are currently many accumulated long positions on the liquidation map, so everyone needs to pay attention to this.

Secondly, pay more attention to the latest developments regarding Trump and the Federal Reserve, as there have been frequent updates during this period, which will still have an impact on the overall market. In terms of contract operations, Ethereum should still focus on buying the dips, and remember to set stop losses to develop a good habit.

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