The situation between the US and Iran remains complex and unpredictable. Should we go long or short now?

Trump said in an interview on the afternoon of the 11th that negotiations might reach an agreement or might not, but he feels it makes little difference, and he started to say some ambiguous words. The market is being played with applause. This morning, the failure of negotiations released a bearish signal, causing a sharp decline in the crypto market to shake out traders, giving friends who were caught in short positions earlier a chance to exit.

This time’s failure to reach an agreement doesn’t mean future negotiations won’t succeed. As long as there’s room to talk, it’s not too bad. So, we can only wait for the final result to be confirmed. Currently, both long and short sides have roughly the same win rate. But looking at the technicals, the market has already plunged in the early session. I’ll ask you one question: at this bottom, would you chase the short? Better to miss out than to make a mistake.

The early session strategy already suggested going long on Bitcoin at 71,300-71,400. The slight pullback in the afternoon just reached that level. Currently, there are small profits. The market is almost sideways now. To help those who need confidence, holding positions requires courage. No matter how the market moves next week, let’s first take this rebound and then readjust. If you have open positions or are not confident in your trading, you can come find me. Reach out, and I’ll give you a hand.