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Iran's response to the US proposal has been forwarded through Pakistan. Negotiations cannot be taken lightly; cautious pursuit of gains is advised!
May 10th, Big Pie Auntie's Evening Strategy
Iran's response to the end-of-war proposal has been passed through Pakistan. An informed source said that, according to Iran's proposal, the current stage of negotiations will focus entirely on halting hostilities in the region.
According to Reuters, sources from both sides stated that the latest peace efforts aim to reach a temporary memorandum of understanding to pause the war and allow ships to pass through the Strait of Hormuz, while both sides discuss a more comprehensive agreement that would have to address thorny issues like Iran's nuclear program.
The US's desire for a simple end cannot make Iran compromise, so everyone should be cautious when chasing gains!
Technical outlook: The daily chart of Big Pie Auntie's chart continues to form a small bullish candle, with insufficient downward momentum.
Although there was a slight rebound over the weekend, the four-hour Bollinger Bands are severely converging, and the high-level doji star pattern shows little momentum.
Intraday short positions have already been entered and laid out; those who haven't can look for opportunities to enter.
Just maintain the short-term strategy given yesterday!
May 10th Midnight Short Entry Strategy
Big Pie at current price 80,900-81,300 continue short,
Add positions at 81,800-82,300,
Target near 79,500-79,000-78,500,
Break below to 78,000-77,500-77,000,
Continue to move stop-loss as the situation warrants!
Ethereum at current price 2,330-2,360 continue short,
Target near 2,280-2,250,
Break below to 2,230-2,200,
Continue to move stop-loss as the situation warrants!
Midnight Long Entry Strategy
Big Pie retraces to 76,500-77,000, buy one lot,
Defend near 76,000,
Target near 78,000-78,500-79,000,
Break below to 79,500-80k-80,500-81,000
Ethereum retraces to 2,200-2,230, buy one lot,
Defend near 2,160,
Target near 2,270-2,300,
Break below to 2,330-2,360
It's been a long time since we've had such a strong market.
Recently, spot ETF market funds have been continuously flowing in, with some outflows on Friday.
There are also rumors that MicroStrategy is preparing to sell some assets to pay dividends, which could trigger a chain reaction! #BTC重返8万