The geopolitical situation in the Middle East is still fraught with uncertainty, with U.S.-Iran ceasefire negotiations repeatedly getting tangled up, and it’s hard to tell whether the information is true or false.


At the same time, the three major U.S. stock indexes continue to hit new highs, and market risk appetite has clearly been recovering, but how long this wave of sentiment correction can last is still something to keep watching.

From the chart perspective, after yesterday’s rally pushed up to the 79,400 level and then pulled back, the lowest dip was around 77,400 today. Overall, the pullback is not large, indicating that the bearish side’s suppressing force is limited.
In the short term, the moving averages still maintain a bullish alignment. During the upward move, trading volume expands in sync, suggesting that this leg higher has genuine momentum rather than a false push.

Afternoon ideas:

BTC:
Go long near 76,800-77,500; first look at the 79,300 level. After a breakout, then look at the 80,000 mark.

ETH:
Go long near 2,300-2,320; first look at around 2,420. After a breakout, then look at the 2,460 area.

The current momentum is still relatively strong—pullbacks are an opportunity, but be sure to set up proper risk controls; don’t blindly chase highs.
$BTC $ETH $BNB
BTC-1.38%
ETH-3.29%
BNB-1.18%
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