#美伊协议草案 [Crypt" or "Harmony"? Suspense Reignites in US-Iran Deal, Strong Coins Take Opportunity to Wash Out, Bitcoin Remains Weak

On May 25th, nearly 24 hours, the US-Iran deal shifted from "Basically Reached" to "Still Not Agreed," tightening market nerves again. Analyzing various sources, it can be seen that the key disagreement in US-Iran negotiations currently lies in Iran's nuclear issue: Iran expects verbal commitments while retaining uranium stockpiles; whereas the US expects detailed implementation and a specific timetable for handling enriched uranium. In short, although most issues can be negotiated, there are still significant differences on principle issues. In the coming days, intensified tug-of-war between both sides and even a re-escalation of tensions are foreseeable. On the market side, traditional markets show full confidence in the US-Iran situation, with crude oil opening sharply lower, US stock index futures opening high and rising, with Nasdaq 100 futures up 1%, S&P 500 futures up 0.65%, and Dow Jones futures up 0.54%. In the crypto market, Bitcoin remains relatively weak, oscillating sideways after returning to $77k. Meanwhile, strong coins represented by HYPE and ZEC took the opportunity over the weekend to complete a strong washout, then resumed their upward trend. As of press time, HYPE is trading at $63.169, up 8.3% in 24 hours. ZEC is trading at $666.53, up 3.9% in 24 hours.

Trump: US-Iran Deal "Not Fully Negotiated"
On May 25th, U.S. President Trump said on the 24th that the US-Iran deal "has not been fully negotiated," criticizing some uninformed people for "reckless criticism." Trump posted on social media that "if I reach an agreement with Iran, it will be a good, proper agreement." "No one has seen or knows its contents yet. It’s not fully negotiated. So don’t listen to those failures who criticize something they don’t understand at all." According to U.S. media reports, although the draft of this agreement has not been publicly disclosed, some U.S. officials have strongly criticized it, claiming it actually weakens the goals set by the Trump administration itself. White House officials told the media that the US and Iran still need "a few days" before signing the agreement.

Crypto Fear Index Drops to 25, Re-entering "Extreme Fear"
On May 24th, according to Alternative data, the cryptocurrency fear and greed index dropped to 25 (from 28 yesterday), returning to the "Extreme Fear" zone, with last week’s average at 27. Note: The fear index threshold is 0-100, including indicators: volatility (25%), market trading volume (25%), social media heat (15%), market surveys (15%), Bitcoin’s proportion in the entire market (10%), and Google hot word analysis (10%).