The second round of US-Iran negotiations that the market had been highly anticipating last weekend ultimately ended in a thorough “empty dialogue.”



Over the weekend, a shooting incident occurred at a White House press dinner in the United States. Trump said that if Iran wants to talk, they can call.

This week’s market will quickly shift from the negotiation table in Islamabad to the decision-making desks of major central banks. The dense meetings of the Federal Reserve, the Bank of Japan, the European Central Bank, and the Bank of England will become key variables in determining the fate of the “big biscuit.” If the Federal Reserve releases any hawkish signals this week in its meeting—signals suggesting that inflation may pick up and that tightening needs to be maintained—then the “big biscuit” will most likely continue this choppy weakening pattern of “good news realized turning into bad news.”

From the current market structure, after multiple tests last week, a small pressure zone has formed around 794. The daily Bollinger bands are tightening, and downward space is supported by the middle Bollinger band around 75. Even if it falls, it would need to break below the area near the middle band. But if the daily chart shows consecutive bullish days and a rebound occurs, the upside space on the daily cycle will be relatively larger—potentially visible above 82,600.

BTC trading suggestion: short at 798-80300, add to short at 812, defense at 816, target 786-771; if broken down, watch 758.

ETH trading suggestion: short at 2435-2450; defense at 2490; target 2355; if broken down, watch 2330-2296$BTC $ETH #比特币突破7.9万美元
BTC-1.79%
ETH-3.29%
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