#Gate广场五月交易分享 Iran's response to the US proposal has been forwarded through Pakistan. Negotiations cannot be taken lightly; be cautious when chasing gains! 5.10 Big Bull Auntie's Evening Thoughts

Iran's response to the US ending the war proposal has been forwarded through Pakistan. An informed source said that, according to Iran's proposal, negotiations at this stage will focus entirely on stopping hostilities in the region. Additionally, Reuters reported that sources from both sides said the latest peace efforts aim to reach a temporary memorandum of understanding to pause the war and allow ships to pass through the Strait of Hormuz, while both sides discuss a more comprehensive agreement that would have to address thorny issues like Iran's nuclear program. The US's desire for a simple end cannot make Iran compromise, so everyone should be cautious when chasing gains!
Technical outlook: Big Bull Auntie's daily chart continues to form a small bullish candle, with insufficient downward momentum. Although there was a slight rebound over the weekend, the four-hour Bollinger Bands are severely converging, and the high-level doji star pattern shows little momentum. Short positions have already been entered and are being laid out; those who haven't can look for opportunities to enter, just follow yesterday's short-term strategy!
5.10 Midnight Short Strategy
Continue short at the current price of 80,900-81,300, add positions at 81,800-82,300, target around 79,500-79,000-78,500, and if broken, look at 78,000-77,500-77,000. Continue to move stop-loss as the position breaks to protect profits based on the situation!
Ethereum at current price 2,330-2,360, continue short, target around 2,280-2,250, if broken, look at 2,230-2,200, continue to move stop-loss as the position breaks to protect profits!
Midnight Long Strategy
Big Bull Auntie pulls back to 76,500-77,000, buy one lot, with a stop near 76,000, target around 78,000-78,500-79,000, if broken, look at 79,500-80k-80,500-81,000.
Ethereum pulls back to 2,200-2,230, buy one lot, with a stop near 2,160, target around 2,270-2,300, if broken, look at 2,330-2,360.
It's been a long time since we've had such a satisfying market. Recently, funds have continued to flow into the spot ETF market, with some outflows on Friday. Rumors also suggest MicroStrategy is preparing to sell some assets to pay dividends, which could trigger a chain reaction! #BTC returns to 80k