The market lacks effective stimulation, and BTC remains under pressure with oscillating movement.

The biggest issue in the current market is the lack of sufficient positive catalysts; BTC is mainly fluctuating below key resistance levels, repeatedly shaking out traders!

First, let me share the latest fundamental news: significant progress has been made in the peace negotiations between the United States and Iran, and they are basically close to an agreement. Both sides plan to extend the ceasefire agreement that started in early April by another 60 days.

The results of this negotiation have been finalized in the form of a one-page memorandum, with most of the core content agreed upon, just awaiting the final signing and implementation. According to the current draft agreement, once both parties officially sign and it takes effect, Iran will clear all mines laid in the Strait of Hormuz within 30 days, ensuring free passage for all passing ships, and will no longer charge transit fees.

As a reciprocal condition, the United States will gradually lift some of the asset sanctions against Iran in phases, relax Iran’s oil export restrictions, and pave the way for subsequent Iran nuclear negotiations, leaving enough room for maneuver.

Next, I will slowly start to enter long positions; positive news will gradually trigger more frequent movements, with a major positive catalyst slowly shrinking into smaller positives that absorb the entire market. $BTC $ETH #美军打击伊朗