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Last night, the overall market rose in sync with the rebound of the US stock market, and yesterday's daily chart candlestick closed positively, indicating that the market shows preliminary signs of stabilization. However, from the 4H level, it is still in a phase of sideways fluctuation, and market panic sentiment still exists. In the short term, we need to continue to observe the direction of the trend.



Pay close attention to the support level near 10W below. If it can hold steady, the market is expected to stabilize and start a rebound.

Spot ETF Capital Flow
BTC: Net inflow of 38.6 million USD
ETH: Net inflow of 73.3573 million USD
SOL: Net inflow of 9.7 million USD (net inflow for the 7th consecutive day, totaling approximately 294 million USD)

It is worth noting that SOL has seen continuous inflows of institutional funds for several days, indicating a persistent preference for capital, which may suggest potential positive news that has not been disclosed. The subsequent trend is worth paying close attention to.

Strategy suggestions
Trend contracts: It is not advisable to chase highs in the short term; you can wait for confirmation of stabilization before considering a layout. If you really want to try, you can take a small position to go long.

Spot trading: There is no need to panic; you can wait for significant market fluctuations or "pin bar" opportunities to gradually position yourself in mainstream cryptocurrencies, reducing costs and entering the market steadily.
$BTC $ETH $SOL

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BTC2.29%
ETH4.17%
SOL5.32%
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