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ETH Emergency Safe Haven! Trump's 48-Hour Ultimatum
Trump has issued a 48-hour final ultimatum demanding Iran open the Strait of Hormuz, or face destruction of its power facilities; Netanyahu simultaneously approved a full-line counterattack. Affected by geopolitical tensions, ETH has experienced severe intraday volatility.
Short-term: News-driven market. If the situation escalates within 48 hours, ETH risks panic selling and could test key support levels.
Future: While safe-haven sentiment from war benefits precious metals, it initially impacts crypto markets through liquidity drain. If Middle East energy infrastructure is damaged, surging oil prices will push inflation expectations higher, and ETH volatility could hit a yearly high.
In this "day and night needle" market action, high leverage positions easily get liquidated before rebounds.
Bulls, hold your bullets and let them fly a bit longer
$BTC $ETH
I don't recommend staying up late tonight. It's better to sleep early tonight and set an alarm for earlier tomorrow, such as 6:30~7:00 AM, or normally wake up at 8:00 AM. Pay attention to the Nikkei 225 pre-market and intraday movements.
The second deadline is around 673. If the 4-hour close breaks below it, it will "find bottom" again.
If tonight's close can recover above the first line, the bulls can catch their breath.