These five points are not met, and Iran refuses to hold nuclear talks. Short positions are again profitable! 5.13 Big Cake “Concubine” Ether Strategy

Sources familiar with the progress of US-Iran negotiations confirm that the top instructions issued to the Iranian negotiating team include five conditions that must be met before discussions on nuclear issues 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 sovereign rights over the Strait of Hormuz. Yesterday’s bearish thinking that continued to look for downside was rewarded again—prices made a slight rebound after midnight, but the overall trend still remains bearish!

From a technical perspective, Big Cake and Ether “Concubine” show two consecutive bearish candles. The price falls near the lower band, and the Bollinger Bands’ three lines are relatively stable. The lower band is slightly opening. In the chart indicators, the KDK indicator’s three lines form a death cross and diverge downward; the MACD’s two lines have initially formed a death cross. The volume indicators are relatively weak, so overall the trend remains bearish. Therefore, for intraday trading, the strategy stays the same: look for a rebound to short!

5.13 Short Position Strategy

For Big Cake, continue short at the current price range 81,000–81,500. Add to the position at 82,000–82,500. Place a defensive stop-loss around 83,000. Targets are around 80,000–79,500–79,000. If it breaks through, look at around 78,500–78,000–77,500–77,000. Continue adjusting the stop-loss to lock in profit depending on the situation!

For Ethereum, continue short at the current price range 2,300–2,340. Add to the position at 2,370–2,400. Place a defensive stop-loss around 2,440. Targets are around 2,250–2,220–2,200. If it breaks through, look at around 2,170–2,150. Continue adjusting the stop-loss to lock in profit depending on the situation!

5.13 Long Position Strategy

For Big Cake, pull back to 76,500–77,000 to go long for one lot. Place a defensive stop-loss around 76,000. Targets are around 78,000–78,500–79,000. If it breaks through, look at around 79,500–80,000–80,500–81,000.

For Ethereum, pull back to 2,170–2,200 to go long for one lot. Place a defensive stop-loss around 2,140. Targets are around 2,250–2,280–2,300. If it breaks through, look at around 2,330–2,360.

On Thursday, the “yellow-haired” official will arrive in China for a state visit and also wrote in the media, saying he is very much looking forward to the upcoming trip to China, calling China “an astonishing country.” This is a risk; it’s possible that some institutions will take the opportunity to hype things up again—everyone, pay close attention! #美国4月CPI上涨3.8%