The yellow-haired trader is very dissatisfied with Iran's new proposal, and yesterday's short positions hit precisely! April 28 Bitcoin "Big Pie" Auntie's Trading Strategy



The White House stated that U.S. officials are discussing Iran's latest proposal, but in any agreement aimed at ending this eight-week conflict, the U.S. will maintain its "red line," which includes preventing Tehran from acquiring nuclear weapons. Currently, the conflict remains deadlocked. According to insiders, Donald Trump has told his advisors that he is not satisfied with Iran's latest proposal to reopen the Strait of Hormuz and end the war. Yesterday's short-selling strategy was accurate, and Bitcoin could gain nearly 3,000 points, Ethereum over 100 points—join in to grab the big gains!

The daily chart shows that Bitcoin's "Big Pie" Auntie closed lower this morning, with the upper and lower shadows and the body of the candlestick being quite similar, clearly indicating a fierce battle between bulls and bears. The price has been consolidating at high levels for over a week. The Bollinger Bands are visibly narrowing, the KDJ indicator's three lines are dead-crossing downward, and the MACD lines are about to form a death cross. Trading volume continues to decrease, and the overall trend is bearish, so the intraday strategy remains to rebound and short.

April 28 Short Position Strategy

Buy short on Bitcoin at 77,500-78,000 during a rebound, conservative traders enter at 78,500-79,000, with a stop around 79,800. Targets are 76,500-76,000-75,500-75,000. If broken, look for 74,500-74,000-73,600-73,200, and continue to move stop-loss accordingly based on market conditions!

Ethereum rebounds to 2,340-2,370 for short entries, conservative traders enter around 2,400, with a stop near 2,470. Targets are 2,300-2,270-2,250. If broken, look for 2,230-2,200-2,170, and continue to move stop-loss accordingly based on market conditions!

April 28 Long Position Strategy

Bitcoin retraces to 73,000-73,500 for a long position, with a stop around 72,500. Targets are 74,500-75,000-75,500. If broken, look for 76,000-76,500-77,000.

Ethereum retraces to 2,170-2,200 for a long position, with a stop around 2,130. Targets are 2,250-2,270-2,300. If broken, look for 2,330-2,350.

Currently, it’s not a big crash, but the bulls are weakening, especially with the Federal Reserve rate decision approaching. The market generally expects no rate cuts. So, the bulls are relatively weak. Those who entered short positions well can hold patiently, as there’s a chance to profit from medium- to long-term swings! #加密市场普遍上涨
BTC-1.62%
ETH-1.54%
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StayCalm,Don'tGetTooExcited1
· 9h ago
Steadfast HODL💎
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ConanTrendIsKing
· 9h ago
It's not a major drop yet, but the bullish momentum is weakening more and more. Plus, with the Federal Reserve's interest rate decision approaching, the market generally expects no rate cuts. Therefore, the bulls are relatively weak, and those who entered short positions patiently hold on. There’s a chance to ride the wave for medium to long-term gains!
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