Hello, everyone, family members.
Can BTC continue to reach new highs?
still need to follow tonight's U.S. CPI data

Data Analysis:
After last night's pullback in the market, a wave of clearing out bullish traders, the current data on the clearing map indicates that the high leverage long-short ratio will also adjust, not as severely imbalanced as yesterday, but overall, there are still more long positions than short positions. If the market pulls back to around 85,000, approximately $1.15 billion will face liquidation. Conversely, if the market is around 91,000, shorts will face liquidation of approximately $800 million.

The data also shows that there is still a significant Fluctuation in the current market, which will only increase the probability of a double explosion in both long and short positions.

Daily Analysis:
From the current market trend, the overall market has entered a wide-ranging volatile market. In the short term, the overall market will move within the range of 86,000-90,000, Ether will move within the range of 3,200-3,400, and SOL will move within the range of 205-225.

Daily Viewpoint:
Last night the market pulled back about $5000, clearing out a lot of long positions because there were too many longs and too many overall chips. I think a pullback would actually be more favorable for the market to continue pumping in the later stage, creating a Whipsaw effect.

At present, the overall market has already pulled back a lot, but it is not difficult to find that other currencies have not pulled back significantly, which also proves that if the overall market falls, other currencies will only fall faster and rebound slower. This phenomenon also indicates that large funds are still mainly flowing into the overall market, and the altcoin season has not arrived yet.

Also pay attention to the release of the US CPI data at 9:30 pm tonight. It will have a significant impact on the market trend.

Contract Strategy:
BTC is going long near 86500  take profit near 88500
Go long on ETH around 3250, take profit around 3350
Go long on SOL around 210, take profit around 220.

Warm reminder:
1. This strategy is suitable for investors who enjoy swing trading or short-term trading. Please remember to take profits in a timely manner and set a stop loss based on your personal position. It is better to take a small loss than to 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 provide suggestions based on different Position situations.