These five conditions are not met, and Iran refuses nuclear talks. Short positions are again profitable! 5.13 Big Bread and Ethereum Strategy

Sources familiar with the progress of US-Iran negotiations confirm that the highest instructions issued to the Iranian negotiating team include five conditions that must be met before discussions on nuclear issues can begin: ① End the war on all fronts; ② Lift all sanctions; ③ Unfreeze frozen assets; ④ Compensate for war losses; ⑤ Acknowledge Iran’s sovereignty rights over the Strait of Hormuz. The bearish outlook continued from yesterday and is again profitable—prices saw a slight rebound around midnight, but the overall trend is still bearish!

From a technical perspective, Big Bread and Ethereum have two consecutive bearish candles. The price has fallen to near the lower band. The Bollinger Bands’ three bands are running relatively steadily, with the lower band slightly widening. In the attached chart, the KDK indicator’s three lines form a death cross and spread downward. The MACD’s two lines are initially forming a death cross as well. The volume indicators are relatively weak. Overall, the trend remains bearish, so the intraday strategy of maintaining a plan to rebound and then short remains unchanged!

5.13 Short Position Strategy

For Big Bread: with the current price at 81000-81500, continue to short; add positions at 82000-82500. Keep defense around 83000. Targets are around 80000-79500-79000. If it breaks through, look at 78500-78000-77500-77000. Continue to move the stop-loss to lock in profit according to the situation!

For Ethereum: with the current price at 2300-2340, continue to short; add positions at 2370-2400. Keep defense around 2440. Targets are around 2250-2220-2200. If it breaks through, look at 2170-2150. Continue to move the stop-loss to lock in profit according to the situation!

5.13 Long Position Strategy

For Big Bread: when it retraces to 76500-77000, go long with one position. Keep defense around 76000. Targets are around 78000-78500-79000. If it breaks through, look at 79500-80000-80500-81000.

For Ethereum: when it retraces to 2170-2200, go long with one position. Keep defense around 2140. Targets are around 2250-2280-2300. If it breaks through, look at 2330-2360.

On Thursday, the “yellow-haired” person will arrive in China for a state visit, and also posted in the media saying they are very much looking forward to the upcoming trip to China, calling China “an astonishing country.” This is a warning—there may be institutions taking the opportunity to hype again. Everyone, pay close attention! #美国4月CPI上涨3.8%