Good morning everyone, it's Friday again.

Let's start with news related to the US and Iran. It can be said that there are news updates about the US and Iran every few days. This morning, the latest news reports that clashes occurred between the US and Iran in the Strait of Hormuz. Both sides' spokespersons stated that the other violated the ceasefire agreement. The conflict during the ceasefire period increases the risks and obstacles to subsequent negotiations. In the short term, it will also have a certain impact on the stock market because financial markets remain very sensitive to the US and Iran, 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 funds net flowed out of crypto ETFs by about $228 million. We need to observe whether institutions will continue 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 better, but if the market pulls back significantly, longer bearish 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 and avoid holding onto losing positions. It’s better to take small losses than to fight against the trend. If the direction is correct, continue to hold.