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Friday, the US and Iran fire again, continue to short on rebounds
It's that critical Friday again, every time it reaches this point there are big moves. Early trading news comes that the US and Iran have fired again, and Bitcoin drops sharply, losing the 80,000 level. In the short term, a trend reversal is not yet certain; it can only be considered a normal pullback, but the overall rhythm is very weak, continue to short!
The daily chart shows an unusual two-day decline, with 82,800 likely being a temporary high point. Whether it can reach new highs again depends on whether the support at 78,000 can hold. Let's first absorb the full extent of this pullback, then watch as it develops. If it breaks below, enter a wave short position; if it doesn't, consider bottom-fishing for a rebound and aiming for new highs.
Bitcoin reference: Short in the 80,000-80,500 range, target 78,000. If it doesn't break, consider switching to long.
Ethereum reference: Short in the 2,300-2,330 range, target 2,220. If it doesn't break, consider switching to long.
That's all for now. Remember, never chase highs or sell lows. Don't miss our live broadcast at 8 PM every night!