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The U.S. halts military actions against Iran, Russia and Ukraine are also preparing to end the conflict, major positive news is coming soon—be cautious of falling prices! June 5th Bitcoin Auntie's Strategy
The U.S. urgently calls a stop to the conflict with Iran, although the yellow-haired guy is still talking trash, the conflict has temporarily ended. As for Russia and Ukraine: Zelensky has sent an open letter to Russian President Putin, proposing direct talks between the leaders of the two countries, “to promote the end of the conflict through fair and decent means, and to build a practical and effective security guarantee mechanism.” The open letter states that Ukraine has no intention of letting the conflict continue long-term, and proactively proposes a ceasefire negotiation plan. Major positive news, brothers! I still hold long positions, and the continued bullish outlook given at midnight also aligns with expectations. Hold steady and stay safe!
After a deep daily decline, a long lower shadow doji star has formed, with the price trading below the Bollinger lower band. The price urgently needs a rebound and correction, and the KDJ indicator’s fast line is turning upward. After correction, a golden cross and upward divergence are expected, so intraday retracement to buy is the main strategy!
June 5th Long Position Strategy
Bitcoin retraces to 62,500-63,000 to go long, conservative traders enter at 61,500-62,000, with a stop around 60k. Targets are around 64,000-64,500-65,000. If broken, look for 65,500-66,000-66,500-67,000, and continue to move stop-loss accordingly based on market situation!
Ethereum retraces to 1,730-1,750 to go long, conservative traders enter around 1,700, with a stop near 1,650. Targets are around 1,800-1,830-1,850. If broken, look for 1,900-1,950-2,000, and continue to move stop-loss accordingly based on market situation!
June 5th Short Position Strategy
Bitcoin rebounds to 67,000-67,500 and shorts one lot, with a stop around 68,000. Targets are around 66,000-65,000-64,000.
Ethereum rebounds to 2,000-2,030 and shorts one lot, with a stop around 2,060. Targets are around 1,950-1,930-1,900.
We've been at it for so long, but the conflict hasn't escalated. It’s impossible for it to go on like this forever. Both sides can’t afford to keep fighting. So everyone, wait patiently for negotiations to succeed. Tonight, the non-farm payroll report is coming, which might boost the crypto prices. Be cautious in your operations! #ETH跌幅超5%