Good morning everyone, it's Friday again.

Let's start with the news related to the US and Iran. It can be said that there are frequent updates about US-Iran news, and this morning the latest information is that there was a clash in the Strait of Hormuz between the US and Iran. Both sides' spokespersons stated that the other violated the ceasefire agreement. The conflict during the ceasefire period increases the risks and obstacles for subsequent negotiations, and in the short term, it will also have a certain impact on the stock market because financial markets remain very sensitive to US-Iran relations, which could easily trigger an escalation of conflicts in the Middle East.

We also need to consider how long the deadlock in US-Iran negotiations will last. When can the deadlock be broken? When can effective negotiations officially begin, truly ending the conflict? Personally, I think it’s difficult for both sides to make concessions, and such a prolonged attrition war is unsustainable for both the US and Iran. It will also impact the economies and financial markets of other countries worldwide.

Currently, the overall stock market has slightly pulled back, still hovering around 80,000. The upward trend on the daily chart remains intact. Therefore, besides closely monitoring US-Iran developments, we also need to watch whether the stock market can hold above 80,000. Yesterday, institutional net outflows from crypto ETFs were about $228 million, so we should observe whether institutions continue to net outflows in the coming days.

BTC's short-term overall volatility is between 78,500 and 81,000. ETH's performance appears weaker, with short-term fluctuations between 2,230 and 2,320. SOL is currently performing slightly more resilient, but if the market pulls back significantly, longer red candles may appear. Therefore, the short-term overall fluctuation range is between 87 and 90.

Today’s contract strategy:
BTC: Short at 80,500 or on rallies, take profit at 78,500.

ETH: Short at 2,300 or on rallies, take profit at 2,230.

SOL: Short at 89 or on rallies, take profit at 87.

Warm tips:
1. Stop-loss suggestions should be set according to your actual liquidation price and your ability to bear losses.
2. Don’t be greedy; lock in profits when possible. It’s better to take small losses than to hold on and face bigger ones. If the direction is correct, continue holding.