Due to the peace negotiations between the US and Iran, Trump once again played a style of both fighting and negotiating, causing the market to fluctuate and decline again, and the current market trend can be said to be unable to rebound. The market has entered a state of pessimism again. Personally, I think this scene also has psychological expectations. After all, everyone is familiar with Trump's operational habits, and the market has experienced it many times. If Trump doesn't do this, it would feel a bit "unexpected."

Regarding the market outlook today: mainly bearish. The contract strategy still favors going short from a high position. In the short term, support is first focused around 73,000, followed by the third support around 71,000. Currently, I believe that the 74,000 level cannot hold for long without positive news that can influence the market trend. Therefore, a slight rebound in the market is a good opportunity to enter short positions.

ETF institutional funds have net outflows of about $810 million over the past five trading days, and yesterday's net outflow was about $200 million. Seeing continuous outflows of institutional funds, investors tend to reduce positions to hedge risks, which is one of the reasons for the market’s lack of confidence and the acceleration of the decline. It also indirectly reflects the true attitude and thoughts of institutions regarding Trump's previous statement that a peace agreement is close to being reached. Therefore, during trading, it is recommended to pay more attention to subsequent institutional fund movements.

In the short term, BTC support is around 73,000, ETH support is around 1,970, and there is a need to be aware of the risk of rapid price spikes in ETH. SOL support is around 80 in the short term.

Today’s contract strategies:
BTC: Short at 75,000 or high, take profit at 73,000

ETH: Short at 2,030 or high, take profit at 1,970

SOL: Short at 83 or high, take profit at 80

Warm tips:
1. Stop-loss suggestions should be set according to your actual liquidation price and your ability to bear losses.
2. Do not be greedy; take profits and secure gains. It’s better to take small losses than to fight against the trend. $BTC If the direction is correct, continue to hold.