The US-Iran situation has escalated again, and the coin price is consolidating in a high range. Just go short boldly! 5.5 BTC/ETH strategy



The ceasefire agreement between the US and Iran—which was already fragile—was on the verge of breaking again on Monday. In the UAE, which has been under a temporary ceasefire between the US and Iran since early April, there were attacks, and meanwhile the US announced that it had sunk Iranian vessels in the Strait of Hormuz, causing a sudden escalation in the situation across the Gulf. But despite all that, the coin price can’t break away from its high-range consolidation. The high-range short taken last night already grabbed one win, and a short added again at midnight at the high is also currently in floating profit!

Technically, BTC/ETH continued to close higher this morning, but with long upper wicks. The buying momentum on the upside has already been suppressed, yet pullbacks are being held back—because yesterday’s market impact after Trump unilaterally declared the end of the war is still providing support. At the same time, funds keep flowing into the spot ETF market, boosting the coin price; but the escalation in the situation is weighing on the coin price. So just go short boldly at the high!

## 5.5 Short Setup

For BTC, enter a short on a rebound at 80,000-80,500. Defend above 81,000. Targets: around 79,000-78,500-78,000. If broken, look at 77,500-77,000-76,500-76,000. If it continues breaking out, move the stop-loss and take profit according to the situation!

For ETH, enter a short on a rebound at 2,370-2,400. Defend around 2,440. Targets: around 2,300-2,280-2,250. If broken, look at 2,230-2,200-2,170. If it continues breaking out, move the stop-loss and take profit according to the situation!

## 5.5 Long Setup

For BTC, pull back to 74,500-75,000 to take a long. Defend around 74,000. Targets: 76,000-76,500-77,000. If broken, look at 77,500-78,000-78,500.

For ETH, pull back to 2,150-2,170 to take a long. Defend around 2,130. Targets: 2,250-2,270-2,300. If broken, look at 2,330-2,360.

The technical Evening Star structure is nowhere near showing strength. Combined with the situation escalating, the coin price will definitely retrace. Boldly lay in wait for shorts and just wait to take the meat! #WCTC交易王PK
BTC0.85%
ETH-0.01%
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WanqianYida
· 8h ago
The whole network is bullish, you are bearish 👍
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IKickedTheGoodLegOfTheCripple
· 9h ago
Buy the dip 😎
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ConanTrendIsKing
· 9h ago
The technical evening star pattern is far from gaining momentum, and with the situation escalating, the price will surely pull back. Boldly lay in short positions and wait to eat the gains!
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ConanTrendIsKing
· 10h ago
The technical evening star pattern is far from gaining momentum, and with the situation escalating, the price will surely pull back. Boldly lay in short positions and wait to reap the profits!
View OriginalReply0
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