The US-Iran talks broke down, why isn't the crypto market falling? What's the outlook?

Here's why～

US: With elections approaching, unwilling to get bogged down in a long-term ground war in the Middle East; airstrikes avoid residential areas, nuclear facilities, and inland core targets, only hitting coastal frontline equipment, actively controlling the intensity of the conflict, sending a signal of "limited punishment."

​Iran: Long-term sanctions + previous US-Israeli bombings have put pressure on the economy and people's livelihoods; all-out war would severely damage oil exports and domestic infrastructure; retaliation only targets overseas US military bases, not actively attacking the US mainland.

Neither side has engaged in excessive retaliatory actions, the focal point of public opinion has been controlled, and there are still Swiss negotiations on June 30, expected to move forward, so market sentiment considers it a storm in a teacup, repeating old tricks to draw lines, causing the crypto market not to accelerate its decline from yesterday to now!

In the future US-Iran situation, only if mutual attacks cause heavy military casualties, large-scale blockade of oil shipping lanes, and strikes on Iranian nuclear facilities, will the conflict rapidly spiral upward, oil prices surge, global risk aversion fully ferment, and the crypto market may enter a deep retracement. Otherwise, it's difficult to see the deep plunge moves of the past in the short term!

Turning to the current market, last week we consistently held short positions and reaped good profits. The short orders given on Friday saw multiple average price hikes, all above 602. The current pullback has reached 599, and ETH has dropped to 1566. You can all relax your mindset, reduce positions as needed, hold what you have, and take a good rest!

For short-term targets, keep an eye on them. Still first look at targets 586-1515. Need to wait for hawkish signals from the Fed, the collapse of US AI tech stocks, Mt. Gox compensation sell pressure... and a series of major bearish minefields to arrive! That will be the perfect opportunity for big gains! Bears, please hold on! 566-536-488 step by step!

If the bearish news over this weekend is not released tonight, and there is no direct plunge on Monday, then the outlook will focus on the non-farm payrolls! Once the non-farm data exceeds expectations again, the bottom-fishing bulls will face a devastating blow! #美光市值超越Meta跻身全美前十 #南非VS加拿大 #美国5月PCE通胀升至4.1%创三年新高 $BTC $ETH $SOL