BTC ETH Analyze a wave of data: On March 18th, it was suggested that the oscillating long orders that were buying at the bottom around 67 had basically taken profits, and the oscillating short orders of the left side players had entered the market. Combined with the large-scale increase in holdings, it indicates that the market will not remain at a high level for too long, and one side must surrender in order to cause a decline in holdings; The final market fell sharply, and the holdings also decreased sharply. Long positions that were chasing long positions surrendered to the price of around 70000 yuan on a large scale, and short positions followed suit with large-scale profit taking. Because in this stage of weak liquidity, only long stop loss can bring sufficient liquidity to short position profit taking; The normal bottom of this wave of volatility may continue to decline, as the bullish indicators in both the contract market and the spot leveraged market are not yet in place. However, Trump's remarks have led to an early rebound in this wave; At present, the market has entered the stage of quarterly option delivery around March 27th. The amount of ether delivered in this quarter's option delivery is even larger than that of Da Bing, with a nominal value of 22 billion yuan for ether and 14 billion yuan for Da Bing; The maximum pain point for Big Dipper is 75000, and for Ethereum it is 2300. However, based on the transaction situation, it is completely impossible for Big Dipper and Ethereum to reach this maximum pain point. If there is a rapid surge above the maximum pain point before the 27th, a heavy short position would be a highly successful transaction; In these three days, the probability of a narrow range fluctuation between 68-72 is high, and the probability of a narrow range fluctuation between 2080-2180 is high for Ethereum. Then, wait for the delivery of the options. Unless there is a major external event, a significant pull or smash in the market near the delivery of the daily volume options will disrupt the balance of large funds on the exchange, and at this time, it will be backfired;