It's Friday again, hello everyone, I am Yifan.

Currently, the overall daily and 4-hour charts of the market are still mainly fluctuating sideways, and although major cryptocurrencies like Ethereum are also fluctuating, the overall trend is weakening downward. If the market pulls back more significantly, many altcoins could easily drop sharply or even accelerate downward. Therefore, pay attention to the upcoming market trend. As long as the market hasn't broken out of the sideways consolidation, short-term trading within swings is recommended.

From the current liquidation map, BTC's long and short positions are relatively balanced and quite concentrated, while ETH and SOL show a slight advantage for the bears and are also quite concentrated. This explains why ETH and SOL are showing weak trends. Additionally, yesterday, crypto ETF institutions saw a net capital inflow of about $10 million, with overall net inflow being relatively small, indicating a cautious wait-and-see attitude. Today is also the expiration date for BTC and ETH options. BTC's maximum pain point is $72,000, with a notional amount of $8.52B; ETH's maximum pain point is $2,200, with a notional amount of $1.35 billion. Everyone can keep an eye on these.

Regarding the US and Iran, they are currently in a poor situation trying to enter the second round of negotiations, entering a brief vacuum period. Negotiations or conflicts are now the market's focus. Therefore, continue to monitor subsequent news developments. Today, the overall market is still expected to fluctuate within the range of 76,500 to 80,000 in the short term. Ethereum's short-term fluctuation range is between 2,280 and 2,380, and SOL's short-term range is between 84.5 and 88.5.