SOL 82-86 This narrow range, shorting also requires proper protection, don't get swept by a rebound.

SOL-0.61%
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ShrimpTeacher
Good morning everyone, a new week and a new start.

This Wednesday will also be the end time of the 2-week temporary ceasefire between the US and Iran. And the latest news shows that the US negotiation representatives have already departed for Pakistan, where the second round of US-Iran talks will be held on the 21st local time. After that, Iran refused, leading to uncertainties in the current US-Iran negotiations. The market is currently waiting and watching, to see whether Iran will send representatives to hold talks. Also, tomorrow in US Eastern Time is the Federal Reserve nominee hearing for Chairman Powell, so it’s also necessary to pay more attention. Therefore, currently the overall market is relatively stable, with smaller fluctuations, mainly ranging and moving sideways.

Overall, the market trend this week is still mainly driven by the news. Especially as US-Iran developments enter a more special period—whether it will be continued talks to ease tensions and resolve conflict, or whether the conflict will further escalate—I personally think this will be an important turning point, and it will have a major impact on the global economy and financial markets. With signals unclear, in the near term, trading will still mainly be short-term volatility.

From the current trend, in the short term the overall market is fluctuating in the 73000-76000 range. ETH’s short-term fluctuation range is 2220-2350. SOL’s fluctuation range is 82-86. When trading, remember to pay more attention to news. During the US-Iran time period, it’s very easy for many false messages and reversal possibilities to appear.

Short-term futures contract strategies:
BTC: 74000 or buy on dips, take profit at 75500

ETH: 2270 or buy on dips, take profit at 2330

SOL: 84 or short on rallies, take profit at 86

Warm tips:
1. Stop-loss suggestions should be set based on your actual liquidation price and the principal you can afford to lose.
2. Don’t be greedy—take profits and lock them in. It’s better to take a small loss than to hold out against a position. If the direction is right, continue holding.
$SOL $ETH $BTC
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