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Delayed US strike on Iran, initial jobless claims are positive but the crypto prices did not rise and instead fell, short positions took profits! 1.16 Bitcoin Auntie’s Strategy
According to five informed US, Israeli, and Arab sources, the US president is delaying the decision to strike Iran, and the White House is currently consulting internally and with allies on the matter. US sources say that the懂王 remains open to diplomatic contact with Iran, but he wants a clear commitment from Iranian leaders, meaning that reaching a serious agreement is possible. One source stated: “懂王 does not believe that anyone inside Iran except Khamenei has actual negotiation authority.”
Yesterday’s short entry point was profitable, with Bitcoin gaining nearly 2000 points and Ethereum nearly 100 points. Ethereum’s daily chart shows a doji-like bearish candlestick, but with a long lower shadow, while Bitcoin shows a large bearish candlestick. The bulls are clearly weak, so the intraday strategy remains to rebound and short!
1.16 Short Entry Strategy:
Bitcoin at current price 965000-97000 short, conservative traders enter at 97500-98000, with a stop around 99500, targets at 96000-95500-95000, and if broken, move stops to 94500-94000-93500-93000, adjusting stops based on market situation!
Ethereum rebound at 3350-3370 short, conservative traders enter at 3400-3420, with a stop around 3450, targets at 3300-3270-3250-3200, and if broken, move stops to 3150-3100, adjusting stops based on market situation!
1.16 Long Entry Strategy:
Bitcoin retrace to 92000-92500 long one lot, stop around 91000, targets at 93500-94000, and if broken, targets at 94500-95000
Ethereum retrace to 3060-3100 long, stop around 3020, targets at 3150-3170-3200, and if broken, targets at 3250-3270