Push

This week, the market is in a phase of "high-level deleveraging + divergence in risk appetite": after an initial rally, the crypto market has accumulated a significant amount of leveraged positions. When prices pull back, concentrated liquidations are triggered, leading to amplified short-term volatility. After BTC drops below 92,000 and ETH falls below 3,200, the market is more likely to enter a "range correction" rather than an immediate recovery to a bullish trend. Meanwhile, gold and silver hit new highs, indicating a certain demand for safe-haven assets in traditional markets, with funds flowing between different asset classes. Overall, this week is more suitable for a strategy focused on "controlling drawdowns and capitalizing on range fluctuations," with particular attention to macroeconomic data and central bank decisions that may lead to sentiment re-pricing.