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My short position is at 73683. After carefully watching the live broadcast and reviewing the news, I did a comprehensive analysis. The most it might rise tomorrow is one more day, possibly reaching 760 before it starts to fall. 740 might be the limit, and it’s likely to go down from there. I don’t think there’s much room for further upward movement.
Currently, the Middle East, the US, and Israel are fighting Iran. Iran is very tough. Trump’s statements are all nonsense; he’s winning big but ultimately lost everything. According to official media reports, Iran launched four missiles at the US Lincoln aircraft carrier. The carrier retreated. Rumors say two missiles missed, one hit the deck, and one fell into the sea, affecting the carrier. Regardless of whether the rumors are true, if you didn’t hit the target, don’t retreat the carrier!!! The US State Department issued six evacuation orders within three hours! If you’re so capable, don’t run. All US airbases in the Middle East have been bombed, and they can only use other countries’ airports. Meanwhile, consulates and CIA buildings have also been hit. The US is in a mess.
The Korea stock market’s circuit breaker mainly aims to prevent US arms orders from being unfulfilled. Plus, oil supplies are also strained, and many Ukrainian weapons are produced in Korea.
Overall, the market is likely to move up a bit more before it drops. Let’s see if the big pancake can reach the five-digit level as I predicted.
Technical analysis is indeed important, but in the face of the overall trend, it can only serve as an aid! With it, we can find suitable entry points.
I have already reduced my holdings of spot Bitcoin as it rose, and I am also reducing other spot holdings.
My analysis is for reference only. Fellow crypto enthusiasts should do their own research and judgment.
$BTC