Good morning everyone. I checked the overall trend of the US stock market, and it’s not very optimistic. I personally think it will continue to fluctuate downward tonight. Therefore, the market will face resistance to rising, let alone a significant rebound. From the current daily chart trend, the short-term market is in a sideways consolidation state and has not shown a true trend reversal signal. So, the market should still mainly wait and observe for now. The short-term trading strategy remains unchanged, focusing on short-term swings.

Regarding the latest news, the US and Iran have started to conflict again, bringing uncertainty to the market. It also means that it will be even more difficult for the market to form a bottom around 60,000. Therefore, in the coming period, pay close attention to Trump’s follow-up actions regarding the US-Iran situation. If a larger conflict occurs, it indicates that the market still has significant downside risk, and most altcoins will also decline along with the market.

Yesterday, institutions experienced a small-scale net outflow of funds, indicating that they are also cautious and observing. This is based on the potential for negative news from the US-Iran situation and the risk of further decline in US stocks.

For today, I personally believe the market will mainly fluctuate downward. Focus on the 60,000 level for short-term support for BTC, around 1580 for ETH, and around 61 for SOL.

Today’s contract strategies:
BTC: Short at 62,500 or sell on rallies, take profit at 61,000

ETH: Short at 1,660 or sell on rallies, take profit at 1,600

SOL: Short at 66 or sell on rallies, take profit at 62.5

Warm tips:
1. Stop-loss suggestions should be set according to your actual liquidation price and your risk tolerance.
2. Don’t be greedy; lock in profits and avoid holding onto losing positions. Better to take small losses than fight against the trend. $BTC If the direction is correct, continue to hold.