$BTC $ETH $SOL

Morning Analysis

Last night, BlackRock continued to buy 230 million US dollars worth of Bitcoin, causing Bitcoin to break its historical high again, reaching a peak of 93,800. It stands out on its own, while Ethereum and Solana are oscillating downward.

Currently, there are a few things to note:

1. Bitcoin has touched above 90,000, basically isolating retail investors; there are not many retail investors who can afford to play Bitcoin.

2. The fewer retail investors entering the market, the worse the liquidity will become. After observing for a few days, just a few hundred buy and sell orders can cause fluctuations of over 1,000 dollars, indicating that this top is not solid yet. If we want to maintain this price range, adjustments need to continue.

3. A divergence has been completed on the 12-hour level; a rise above 97 is needed to break the divergence, while a drop could see it around 87.

Ethereum experienced its first selling from BlackRock the night before last, with over 10,000 sold, creating selling pressure, and it has once again retested the 3,070 area to build a bottom. In the past two weeks, whether in spot or futures, breaking below 3,100 has generally resulted in good profits for those who could enter the market.

Solana is also constantly challenging new highs; it currently seems that the strength is not enough. Both attempts to surge have seen pullbacks, and a third attempt is likely since 233 is a solid support. The main point is that Bitcoin has achieved a new high and hasn't continued to decline, maintaining a sideways movement, so Solana still has opportunities.

Operations:

I still hold a short position at 932, sold half at 89, and set a limit at 94 without hitting a loss. During the same period, I made two long trades between 87-89 with the same position.

Short position on Ethereum at 3,435. Rolling half the position near 3,050 in spot trading.

200 dollars profit.

I shorted Solana once and took a quick profit, currently choosing to wait and see.

The above methods can be referenced, with low risk and high profit.