Aroosa Ahmed Patel

1. The market has been oscillating within a narrow range for three consecutive days, currently stuck between 60000 and 80000, with strong support at 60000 and resistance at 80000. The recent trading volume has clearly decreased, indicating that the market's bullish and bearish divergence is diminishing, and it is highly likely that it is brewing the next direction. Personal trading strategy: small position trial and error, cut losses decisively if it breaks below 58000, consider adding positions only if it breaks above 80000, do not blindly chase highs and cut losses. After all, the overall market is currently leaning towards oscillation, and patiently waiting for clear signals is more reliable than frequent trading. | Attached is today's candlestick support and resistance annotated chart.
2. Major cryptocurrencies have recently followed the downward trend rather than the upward trend, with Ethereum hovering in the range of 1700-2100, while BNB is relatively resilient to declines. Observing the flow of funds, some capital is flowing back from altcoins to major cryptocurrencies, indicating that market risk appetite is declining. In the short term, it is still mainly defensive, with leverage positions controlled between 1-2 times, and take-profit and stop-loss settings must be established. It is recommended to set a take-profit range of 10%-15% and a stop-loss of 5%-8%, to avoid significant losses caused by sudden news. What do you think, will major cryptocurrencies break down first or continue to oscillate? Let's discuss in the comments section. | Attached is the distribution chart of capital flow for major cryptocurrencies.