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New week, new beginning~
Is the bull run of altcoin coins coming?
Data Analysis:
Based on the current BTC price around 97,500, according to the liquidation map of 100x leverage, if the BTC price drops to around 94,900, it is expected that long positions will face liquidation of about $550 million, and if the BTC price pumps to around 98,800, it is expected that short positions will face liquidation of about $330 million; At the same time, it can be seen from the Greed Index that the overall market is still in a state of extreme greed.
Analysis for this week:
This week I am still bullish, the overall market will move in the range of 94000-100000 this week, Ether will move in the range of 3530-4000 this week, SOL will move in the range of 228-260 this week, just pay attention to the non-farm data for this week's news.
Daily Analysis:
From the current market trend, the market is still in a Sideways state on the daily candlestick level, and the overall short-term range will be between 95500-98800. ETH will temporarily move within the range of 3660-3850 in the short term, and SOL will move within the range of 233-245 in the short term.
Market Viewpoint:
Although the market is generally in a Sideways state, we can see that many Mainstream Tokens have started to gradually move up, especially when the market pulls back, many altcoins also pull back relatively little, which indicates that the altcoin Bull Market is about to start.
Next, coins like Ether (ETH) and its related coins, we can also see the comparison of trends. Recently, Ether (ETH) is also experiencing an independent market trend. I personally believe that this is just the beginning, and there will be even bigger market trends later. In addition, if Ether (ETH) continues to maintain this trend, not only will the related coins pump, but it will also accelerate the altcoin season to start the pump effect.
As for whether the market can break through the 100,000 mark this week, we will see as we go along. Personally, I think there is still a chance to break through.
Contract Strategy:
BTC at around 96300 go long  take profit at around 98300
ETH go long around 3680    take profit around 3740
SOL at around 235 go long   take profit at around 243
Warm reminder:
1. This strategy is suitable for investors who like swing trading or short-term trading. Please remember to take profits in time, and set stop loss according to your own Position, rather take a small loss, never hold a losing position!
2. If the market direction is correct, you can choose to continue holding.
3. If you need to analyze other currencies, please feel free to leave a message, and I will give advice based on different Position situations.
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