4.12 Morning Market Analysis

Big Cake surged in pulses in the early morning due to geopolitical news from the Middle East, reaching a peak of 73,799, then pulled back after the spike; it is currently consolidating around 73,378.

News: Pakistan’s prime minister made an emergency visit to Saudi Arabia. A new round of trilateral negotiations among Iran, the US, and Pakistan officially kicked off in Islamabad. Market expectations for a easing of the Middle East situation briefly warmed up, driving a pulse rebound in the market. But to be clear, there is a relatively high degree of uncertainty in this round of news, and there will still be variables ahead! The early-morning surge was a rebound driven by news sentiment! The 73,700-74,200 range remains strong short-term resistance. Auntie is also moving in sync; the strategy is mainly to take shorts from higher levels, with low longs as a supplement!

Trading Suggestions

Big Cake: Short around 73,700-74,200, first look at 72,500✓; if it breaks down, continue to watch 71,800. If a strong rebound breaks through 74,200, you can go long accordingly.
Auntie: Short around 2,320-2,340, first look at 2,230✓; if it breaks, look at 2,210$BTC $ETH #美伊停火协议谈判再生变故