Good morning everyone, let's talk about the overall market trend~



Currently, the daily chart shows the market continuing to fluctuate slightly downward in the short term, with the overall direction remaining bearish, mainly influenced by the US-Iran events. According to the latest news from Trump, an agreement is nearly reached, so the planned attack on Iran scheduled for today has been postponed by 2 to 3 days. This will be the most watched topic in the market in the coming days, and the market has once again entered a wait-and-see mode for further developments. However, I personally believe that Trump's style of action is well known to everyone, so the market also has certain psychological expectations. We will see how it unfolds.

If you haven't yet built a position in spot trading, I think it's best to be patient and wait. Once this wave of market correction bottoms out and starts to stabilize, consider gradually accumulating mainstream coins for medium- to long-term investment. As for futures trading, it is currently affected by US-Iran tensions and the recent market trend, so I recommend taking a short-term swing trading approach with a cautious stance. Additionally, yesterday, ETF institutional funds had a net outflow of about $216 million, and over the past five trading days, the total net outflow was approximately $1.4 billion. Continuous outflows indicate that institutions are reducing their positions to hedge risks, so it's important to pay close attention to risk management.
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