Sunday, the Strait dispute flares up again, and we watch quietly.



The Strait of Hormuz is almost drawn like a zebra crossing by K-line masters; today Iran established a strait toll station, tomorrow the U.S. will charge passage fees through the strait. This will only lead to rising oil prices and increased inflation. The US and Iran are about to start a new round of negotiations, and we watch quietly.

Bitcoin has slightly rebounded in the past two days, but the overall volatility is not large. The highest overnight touched around 64,300 before facing resistance and correcting. Currently, there is no clear direction, and it is in a sideways phase. Next week’s opening is crucial. Watch the 65,000 strong resistance above; if it doesn’t break, the trend remains bearish.

Ethereum follows the same logic, consolidating between 1670 and 1750 for two days. Liquidity is very poor over the weekend. The only thing to do now is wait. For short-term intraday trading, consider shorting below 1750 with a target not too far away, above 1700 is fine. Everyone, watch more and #美伊谈判推迟 move less!
BTC1.50%
ETH1.53%
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