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Tuesday Afternoon Jingyi Trading Strategy Analysis
Tomorrow morning marks the final deadline for US-Iran negotiations, and the situation has reached a critical point. If no consensus is reached, the US may carry out precise strikes on Iran's energy facilities and transportation hubs, likely putting the market under downward pressure. If both sides successfully reach an agreement, risk appetite will increase, and the market may rebound. Jingyi's personal view is that negotiations are likely to be unsuccessful; Iran is not a soft target, holding firm and resolute, with limited room for compromise. The standoff may continue.
From the current chart, BTC is facing short-term resistance near the small-level W top neckline. The overall trend remains bearish, but short-term opportunities for quick longs can be considered, with light trading and flexible positions.
Aggressive traders can watch the 690–700 resistance zone; if the rebound faces resistance, consider light short positions.
Conservative traders should wait until above 710 to consider entering positions, with stop-loss set above the neckline.
Support is first seen at 675; a confirmed break below this level would open further downside space.