Yesterday, the US-Iran negotiations ultimately failed to reach an agreement, and the situation once again fell into deadlock, with market sentiment turning cautious accordingly.

Looking back at the entire last week's market trend, the overall movement fully played out according to the direction we previously predicted, with mainstream cryptocurrencies forming continuous wave patterns, and each cycle's rhythm being clearly identifiable.

Entering this week, geopolitical risks have once again become the dominant variable, with risk aversion sentiment heating up and risk assets under pressure, which is highly likely.

Those who understand naturally realize that in this environment, short-term blindly chasing gains is not advisable; chasing gains carries slightly higher risks. The short-term market remains mainly characterized by oscillations, and the trading strategy should continue to focus on high-altitude positions, avoid going against the trend, stay patient, wait for each rebound to face resistance, and steadily grasp the downward space.