Iran Won't Back Down Until Conditions Are Met, More Meat for Short Positions! BTC and ETH Analysis for 3.26
While the White House has been touting negotiations with Iran to end the war, Iran's military fired back: "The US might be negotiating with itself." Last night, Iran gave a negative response to US proposals and insists the war will only end on Iran's own terms and timeline. An official familiar with Iran's government stated that Iran won't allow Trump to decide when the war ends. He also emphasized Tehran's determination to continue defending and inflicting "heavy blows" on enemies until its demands are met. As expected, US-Iran peace talks are unlikely to be resolved peacefully in the short term. Yesterday's bearish strategy didn't make huge profits, but capturing two or three waves allowed us to eat some meat. Stay with us to feast!
The crypto price is consolidating in a triangle with frequent upper and lower wicks, but the highs are clearly getting lower. This morning saw a long upper-wick positive candle with upside rejection. So intraday rallies can continue to set traps. Key support downside: 69000 for BTC, and 2100 level for ETH!
3.26 Short Position Strategy
BTC: Rally to 71700-72000 to continue shorting, defend above 72500, target 71000-70000-69500 area, if broken target 69000-68500-68000 area, if broken further move stops and protect profits based on situation!
ETH: Rally to 2180-2200 to continue shorting, defend above 2250, target 2120-2100 area, if broken target 2070-2050-2020 area, if broken further move stops and protect profits based on situation!
3.26 Long Position Strategy
BTC: Pullback to 68000-68500 buy one, defend around 67000, target 69500-70000-70500 area, if broken move stops and protect profits based on situation!
ETH: Pullback to 2000-2030 buy one, defend around 1960, target 2070-2100-2130 area, if broken move stops and protect profits based on situation!
From current known information, US-Iran peace talks are unlikely to reach agreement unless Trump directly backs down and pays compensation, which doesn't align with US interests. Currently it's a losing proposition stuck in a difficult position. So focus on monitoring related developments. Follow-up will likely trigger panic selling! #贵金属领涨
Iran Won't Back Down Until Conditions Are Met, More Meat for Short Positions! BTC and ETH Analysis for 3.26
While the White House has been touting negotiations with Iran to end the war, Iran's military fired back: "The US might be negotiating with itself." Last night, Iran gave a negative response to US proposals and insists the war will only end on Iran's own terms and timeline. An official familiar with Iran's government stated that Iran won't allow Trump to decide when the war ends. He also emphasized Tehran's determination to continue defending and inflicting "heavy blows" on enemies until its demands are met. As expected, US-Iran peace talks are unlikely to be resolved peacefully in the short term. Yesterday's bearish strategy didn't make huge profits, but capturing two or three waves allowed us to eat some meat. Stay with us to feast!
The crypto price is consolidating in a triangle with frequent upper and lower wicks, but the highs are clearly getting lower. This morning saw a long upper-wick positive candle with upside rejection. So intraday rallies can continue to set traps. Key support downside: 69000 for BTC, and 2100 level for ETH!
3.26 Short Position Strategy
BTC: Rally to 71700-72000 to continue shorting, defend above 72500, target 71000-70000-69500 area, if broken target 69000-68500-68000 area, if broken further move stops and protect profits based on situation!
ETH: Rally to 2180-2200 to continue shorting, defend above 2250, target 2120-2100 area, if broken target 2070-2050-2020 area, if broken further move stops and protect profits based on situation!
3.26 Long Position Strategy
BTC: Pullback to 68000-68500 buy one, defend around 67000, target 69500-70000-70500 area, if broken move stops and protect profits based on situation!
ETH: Pullback to 2000-2030 buy one, defend around 1960, target 2070-2100-2130 area, if broken move stops and protect profits based on situation!
From current known information, US-Iran peace talks are unlikely to reach agreement unless Trump directly backs down and pays compensation, which doesn't align with US interests. Currently it's a losing proposition stuck in a difficult position. So focus on monitoring related developments. Follow-up will likely trigger panic selling! #贵金属领涨