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It's broken! Woke up to the sky falling. Are the US and Iran really going to cease fire? Let's see how Bitcoin is currently trading.
1. The situation has suddenly taken a major turn. Rumors suggest that the US and Iran might reach a ceasefire today, far exceeding the previous expectation of 3 to 4 weeks. The crypto and US stock markets are starting to rebound significantly. Will the US and Iran really cease fire? What should we do now?
2. Shuqin has been scared off by several false alarms before. Every time the US says they won't fight anymore, they end up fighting again. If Iran denies it, chasing the high might lead to losses at the top. So we can only believe half of this news. Don't go long yet; wait for the official announcement before entering another long position. The rebound trend could last for several days.
3. If there is indeed a ceasefire, we could see several days of upward movement, with the target around the previous high of 76k or a false breakout. We've done this several times before. At that point, I will reverse and open a short position.
4. If there is no ceasefire in the end, chasing the high could be a G. Shuqin also analyzed yesterday that Trump might make a Taco today, causing a market rebound to around 69k. But I didn't expect a bigger ceasefire news to come, leading to a stronger rebound. I recommend everyone stay cautious in such uncertain situations; betting on the wrong direction could lead to huge losses.
5. However, Shuqin has some good news to share: our hedging plan was successful! Remember a few days ago when Shuqin advised everyone to short crude oil CLUSDT? It was to prepare for sudden ceasefire news or positive developments. At that time, crude oil reacted most strongly, and today it dropped 6%, making good profits and effectively hedging our risk.
6. So, our investment portfolio has been carefully designed, considering all kinds of surprises. Whether it's a real ceasefire or a false one, we have strategies in place and aim to profit. Let's find opportunities in the most uncertain markets and keep pushing forward!