Good morning everyone. I’ve been checking the news early, and there are still quite a few breaking updates...



The US-Iran "peace talks" are even more dramatic than a movie plot. Yesterday, the US and Iran announced a ceasefire pause, but in less than 24 hours, Israel launched airstrikes on Lebanon, causing yesterday’s ceasefire agreement to almost fall apart again. Whether the US and Iran can successfully negotiate in Palestine tomorrow remains uncertain. As mentioned yesterday, the situation could reverse again during the ceasefire, and the market has once again entered a state of "confusion" and panic. Just when there was hope for peace talks, many uncontrollable and unknown factors have increased.

Therefore, during this special period of US-Iran negotiations, with the news dominating the overall market trend, my personal advice is to stick to the current trading strategy until clear signals emerge. Focus on short-term trades without trying to change the overall pattern. We should continue waiting for tomorrow’s news to see if the US and Iran can negotiate smoothly, which is also the market’s main concern. Additionally, tomorrow there will be the US CPI data release. Personally, I think the CPI data might not look good, and the market has already set expectations accordingly. More importantly, we need to watch for any other sudden news during the US-Iran situation.

In the face of the US-Iran conflict, the global financial and market economy are affected directly or indirectly, increasing many uncontrollable and unknown risks. The trend of most cryptocurrencies in the crypto space is currently oscillating downward, which says everything. If you want to trade, do not try to change the overall pattern. For spot traders, it’s better to hold cash and buy in batches gradually.

Today, the overall market trend is oscillating downward. Excluding unexpected news, from a technical perspective, the overall fluctuation range is 69,000-72,000. ETH’s overall fluctuation range is 2,100-2,200. SOL’s overall fluctuation range is 79-84.

Short-term contract strategies:
BTC: Short at 71,500 or sell on rallies, take profit at 69,500

ETH: Short at 2,200 or sell on rallies, take profit at 2,130

SOL: Short at 83 or sell on rallies, take profit at 80

Warm tips:
1. Stop-loss suggestions should be set based on your actual liquidation price and your ability to bear losses.
2. Don’t be greedy. Lock in profits and avoid holding onto losing positions. It’s better to take small losses than to fight against the trend. If the direction is correct, hold on.
$ETH $SOL $BTC
BTC-1,17%
ETH-3,5%
SOL-2,77%
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