Good morning everyone, a new week begins~



From the weekly chart, we can see that the overall market is still oscillating within a cyclical range. The market is generally in a sluggish and cold state, with a relatively dull atmosphere. In recent days, Trump has once again threatened Iran-related developments. Therefore, this week we need to closely monitor the US-Iran situation. Currently, with unclear signals, the market has entered a wait-and-see mode. As a result, the strategy should remain short-term trading.

Additionally, this Friday, the US CPI data will be released. I personally believe the data won't look good. When there was no US-Iran conflict, the US was already experiencing severe inflation. Since Trump got involved in the US-Iran conflict over a month ago, the Hormuz Strait blockade has caused prices to rise again. Inflation will only worsen. It will be more difficult to cut interest rates at the end of the month, and maintaining the current rate is already a good outcome.

I won't go into other details. To get back on track, looking at the current market trend, although there was a rebound, I believe the rebound strength is limited. In the short term, focus on resistance around 70,000, and support around 67,000. For ETH, the short-term fluctuation range is 2060-2160; for SOL, it's 79-83.

Short-term contract strategies:
BTC: Short at 69,000 or on a rally, take profit at 67,500

ETH: Short at 2,130 or on a rally, take profit at 2,070

SOL: Short at 82 or on a rally, take profit at 79.5

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 when possible. Better to take small losses than hold onto losing positions. If the direction is correct, continue holding.
$SOL $ETH $BTC
BTC-0,58%
ETH-1,33%
SOL-2,4%
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