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Good morning everyone
In the early hours, there was again news that the US and Iran have reached a basic consensus on an agreement to cease fire for two weeks. This is good news for crypto; the overall market rebounded directly and surged, while oil prices fell. Although the US and Iran’s ceasefire is only 2 weeks, whether after these two weeks the US and Iran can achieve a long-term ceasefire agreement—or even truly see an end to the conflict—depends on the communication and negotiation developments between the US and Iran during this period
What needs the most thinking and vigilance is the “Trump style.” During this ceasefire, will Trump once again stage various magical operations, plot twists, and other storylines—continuing that particularly unreliable approach of “fighting while negotiating”? Because since the outbreak of war between the US and Iran, global inflation has been pushed up, and the entire financial industry market has been thrown into constant, back-and-forth turmoil. Market users and institutions have also been unable to find a direction. Especially since our assets have continued to shrink—it says everything. Personally, I think we still need to remain cautious; in case there is yet another reversal during this period.…
From the current market trend, after the good news ends, the overall market will also likely enter a short period of consolidation and sideways movement. In the short term, the overall fluctuation range is 70000-73000; for ETH, the short-term fluctuation range is 2180-2300; for SOL, the short-term fluctuation range is 82-88,
Short-term futures strategy:
BTC: 71000 or buy on dips, take profit at 72500
ETH: 2200 or buy on dips, take profit at 2300
SOL: 83 or buy on dips, take profit at 87
Warm reminder:
1. The stop-loss suggestion should be set according to your own actual liquidation price and the principal loss you can personally bear.
2. Don’t be greedy—secure profits and take what you can. It’s better to take a small loss than to hold on to the position. Never go against the single trade. If the direction is correct, continue to hold.
$BTC $ETH $SOL