Iran Denies Secret Negotiations Ending Conflict, Small Non-Farm Payrolls Boost Cryptocurrency Prices Breaking the Stagnation Pattern! 3.5 Bitcoin Auntie Strategy

Iran has denied reports that its intelligence agency has contacted the United States to discuss ending the Middle East war. The New York Times previously reported that Iranian agents indirectly contacted the CIA on Sunday to discuss terms for ending the conflict. According to semi-official Tasnim News Agency, an intelligence source in Iran stated that the report is "pure lies and psychological warfare." Following this denial, oil prices briefly rose but then quickly fell back as traders shifted their focus to the US Navy escort plans for tankers through the Strait of Hormuz. Yesterday, the small non-farm payrolls exceeded expectations, causing a strong rebound in crypto prices, coupled with the Federal Reserve's very positive economic outlook, leading to continuous inflows into spot ETFs. However, due to the unstable Middle East situation, caution is advised in chasing gains!

Yesterday's short position was regrettably stopped out, and attempts to short again in the evening with a breakeven stop-loss were also wiped out. Nonetheless, crypto price gains are contrary to the international situation. Conan believes that short positions can still be attempted! The daily chart shows the price breaking below the upper Bollinger Band, with the KDJ indicator's three lines trending upward, and the fast line already at a high level showing signs of slowing down. Therefore, the intraday strategy remains to maintain a high-level short position.

3.5 Short Position Strategy

Bitcoin rebound at current price of 72,600-73,000, continue shorting; conservative entry at 73,500-74,000, with a stop around 75,000. Target near 71,000-70,000; if broken, target around 69,000-68,000. Continue moving stop-loss as needed based on market situation!

Ethereum at current price of 2120-2150, continue shorting; conservative entry at 2170-2200, with a stop around 2240. Target near 12050-2000; if broken, target around 1950-1930-1900. Continue moving stop-loss as needed based on market situation!

3.4 Long Position Strategy

Bitcoin retracement at 66,500-67,000, go long; stop around 65,000. Target near 68,000-69,000; if broken, target around 70,000-71,000. Continue moving stop-loss as needed based on market situation!

Ethereum retracement at 1900-1930, go long; stop around 1860. Target near 1950-1980-2000; if broken, target around 2030-2050-2080-2100. Continue moving stop-loss as needed based on market situation!

Although prices have broken the recent consolidation pattern, it is only a minor positive boost. Capital inflow is still insufficient, and the Middle East situation remains unstable. It is likely to continue testing lower levels, so a overly bullish outlook is not recommended for now!#加密市场上涨