Currently, the overall short-term daily chart of the market is oscillating weakly, and the main trend remains bearish. The market trend is mainly influenced by the US-Iran situation. According to the latest news from Trump, the progress of the US-Iran agreement is smooth, and the planned strike on Iran scheduled for today has been postponed by two to three days.



In the next few days, the US-Iran situation will be the market's core focus, and the overall market will enter a wait-and-see mode, awaiting the development of the situation. Everyone is aware of Trump's style of action, and the market has certain psychological expectations for this. We will observe the subsequent trend as it unfolds.

Looking at the technical chart, the daily candles have consecutively closed bearish, and the weak performance of the market is very obvious. Today's trend is likely to continue its weakness until the price hits a key support level below, at which point a new round of bullish and bearish battles will begin.

From the four-hour chart, the market's lows are continuously moving lower, with prices staying in a long-term low zone, and all indicators are turning downward in sync. Recently, the trend has been showing a stepwise decline, and the overall downward pattern remains unchanged. Continuing to fall is the general trend.

Therefore, the current trading strategy is mainly to short on rallies, and every rebound during the trend is a suitable opportunity to short.

Trading references:
BTC: Short around 77,500, target 65,500
ETH: Short around 2,150, target 2,050
BTC0.33%
ETH0.78%
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