The so-called "King of Understanding" is weak and comes back to talk nonsense again, yesterday's short positions made a profit! 5.12 Bitcoin Auntie's Strategy

On Monday morning, the yellow-haired guy said he watched CBS News' "60 Minutes" interview with Israeli Prime Minister Netanyahu, calling the program "quite good," but he disagreed with Netanyahu's statement that "no one can fully foresee Iran blocking the Strait of Hormuz." The yellow-haired guy responded, "I can foresee it. I know they will close the strait. It's their only weapon. Now, it's not really a weapon anymore, but it's still their only weapon." He also said that if it weren't for helping certain countries earlier and responding to related requests, the U.S. could have kept the strait open through the "Freedom Plan." He added that if needed, the U.S. could restart similar actions or even take "more aggressive measures." Knowing that releasing positive news for Iran is also not smooth sailing, he started talking nonsense again!

Yesterday's bold short-selling idea met expectations. Entered short positions smoothly in the morning, easily capturing over a thousand points on Bitcoin, and Ethereum could gain 60-70 points. However, I entered early on Sunday, and the average cost for the additional positions was only around 815/2335, so I took profits in time. Midnight, I shorted again, currently in a floating profit! The technicals still show no rebound strength, especially for Ethereum, so continue to short on rebounds!

5.12 Short Position Strategy

Bitcoin at current price 81,500-82,000, continue shorting, add positions at 82,500-83,000, with a stop around 84,000. Targets are 80,500-81,000-79,500-79,000. If broken, move stop-loss accordingly to protect profits.

Ethereum at current price 2,330-2,370, continue shorting, with a stop around 2,400. Targets are 2,300-2,280-2,250. If broken, move stop-loss accordingly to protect profits.

5.12 Long Position Strategy

Bitcoin retraced to 76,500-77,000, buy one lot, with a stop around 76,000. Targets are 78,000-78,500-79,000, and if broken, targets are 79,500-80,000-80,500-81,000.

Ethereum retraced to 2,200-2,230, buy one lot, with a stop around 2,160. Targets are 2,270-2,300, and if broken, targets are 2,330-2,360.

On Thursday, the yellow-haired guy will arrive in China for a state visit and posted in the media that he is very looking forward to the upcoming trip to China, calling China "an amazing country." This is a warning; there may be institutions trying to hype again. Everyone, pay close attention!