On May 25, within nearly 24 hours, the US-Iran agreement shifted from 'basically reached' to 'not yet finalized', tightening market nerves once again. Various reports indicate that the key divergence in the US-Iran negotiations currently lies in the Iranian nuclear issue: Iran expects verbal commitments while retaining its uranium stockpile; the US, on the other hand, expects detailed implementation with a specific timeline for handling enriched uranium. In short, although most issues can be negotiated, significant differences remain on fundamental principles. In the coming days, it is expected that the tug-of-war between both sides will intensify, and the situation may tighten again. In the market, traditional investors have shown full confidence in the US-Iran situation, with the oil market opening significantly lower, and US stock index futures rising sharply. The Nasdaq 100 index futures rose by 1%, S&P 500 index futures increased by 0.65%, and Dow futures rose by 0.54%. In the cryptocurrency market, Bitcoin remains relatively weak, primarily fluctuating after returning to $77,000. Meanwhile, strong cryptocurrencies represented by HYPE and ZEC took the opportunity to complete a strong washout over the weekend, subsequently returning to an upward trend. As of the time of writing, HYPE is priced at $63.169, with a 24-hour increase of 8.3%. ZEC is currently priced at $666.53, with a 24-hour increase of 3.9%.