Will BTC and ETH continue to decline after falling for a week?
The Middle East situation has recently escalated, causing panic sentiment to engulf the market. Combined with the chain reaction of successive liquidations and intensified US-Iran confrontation in the Strait of Hormuz, the entire market has been significantly impacted. In the past 24 hours, the number of liquidations across the network has exceeded 200,000...
From a technical perspective, although there should be a rebound after falling so much, the bears have firmly taken control now. The big player $BTC faces heavy pressure at the 70,000 level, while Ethereum $ETH should focus on 2,120. Before the geopolitical situation becomes clearer, it's safer to wait for a rebound before shorting rather than rushing to buy the dip...
✅ Short-term live trading ideas (shorting on rallies)
Bitcoin (BTC): Short at 68,800-69,200, Target 68,000-67,300, watch 66,500 if broken Ethereum (ETH): Short at 2,100-2,118, Target 2,050-2,000, watch 1,970 if broken
⚠️ Focus on the US-Iran situation through tonight until tomorrow morning's 48-hour deadline. Once it deteriorates, coin prices will continue to probe lower; if volume breakouts of key resistance/support levels occur, be sure to adjust strategy in time. Specific guidance will follow real-time live trading signals #特朗普向伊朗发出48小时最后通牒
Monday🗓️「March 23rd」
Will BTC and ETH continue to decline after falling for a week?
The Middle East situation has recently escalated, causing panic sentiment to engulf the market. Combined with the chain reaction of successive liquidations and intensified US-Iran confrontation in the Strait of Hormuz, the entire market has been significantly impacted. In the past 24 hours, the number of liquidations across the network has exceeded 200,000...
From a technical perspective, although there should be a rebound after falling so much, the bears have firmly taken control now. The big player $BTC faces heavy pressure at the 70,000 level, while Ethereum $ETH should focus on 2,120. Before the geopolitical situation becomes clearer, it's safer to wait for a rebound before shorting rather than rushing to buy the dip...
✅ Short-term live trading ideas (shorting on rallies)
Bitcoin (BTC): Short at 68,800-69,200,
Target 68,000-67,300, watch 66,500 if broken
Ethereum (ETH): Short at 2,100-2,118,
Target 2,050-2,000, watch 1,970 if broken
⚠️ Focus on the US-Iran situation through tonight until tomorrow morning's 48-hour deadline. Once it deteriorates, coin prices will continue to probe lower; if volume breakouts of key resistance/support levels occur, be sure to adjust strategy in time. Specific guidance will follow real-time live trading signals
#特朗普向伊朗发出48小时最后通牒