The Iran–US are expected to return to the negotiating table, and the big picture is temporarily showing strength

After the Iran–US negotiations broke down, the United States imposed a maritime blockade on Iranian ports, which had once raised market risk sentiment.

But the market quickly brought new updates: the Iran–US negotiation teams, over the next two days this week, are expected to return once again to the negotiating table in Islamabad, and U.S. President Trump also said he was “very hopeful that a peace agreement can be reached.” This eased market tension quite a bit.

Yesterday, before the U.S. session, we could already feel something was off—the price kept hovering above 74 but never managed to break through. During the U.S. trading session, we gave a current-price long around 745, looking for a move up to 755 and then a breakout toward 759-762. Ultimately, after the close, the price surged to around the 76 area and met our expectations, consistent with the range we judged. Around 76 was also announced in advance as a place to look for a pullback.

Looking at today, the upside has already touched the key resistance level of 76000. The current upward momentum is not that strong, and short-term chart signals show signs of a downward pullback. That brings a large-cycle bearish retracement, while on the small cycle the uptrend continues.

BTC trading suggestion: buy 728-732, defense 800 points, target 748, break through to look at 758-764

BTC trading suggestion: sell 763-767, defense 77700, target 745 break through to look at 734-725$BTC ‌#美军封锁霍尔木兹海峡