What’s going on here? Negotiating while firing, escalating further—and the short positions are still taking profits! 6.10 Bitcoin and Ethereum Auntie’s Playbook

Yesterday, the U.S. “Apache” helicopter in the Strait of Hormuz was shot down. Today, the U.S. launched a self-defense strike against Iran in response to the Apache helicopter being shot down. This mission is an equivalent response to Iran’s baseless acts of aggression. This morning, an official revealed that a third round of strikes is being carried out against Iran. Escalating the conflict while negotiating—interesting! The bearish outlook for today aligns with expectations: Bitcoin can potentially take another 2,000–3,000 points, and Ethereum can also take another 50–60 points. If you follow along, there’s meat to grab!

On the technical side, Bitcoin and Ethereum both closed again with bearish candles. Overall, the trend is on the weak side—there’s no good news or positive support. It’s difficult for the bulls to continue. The three Bollinger Bands are pointing downward. Although the KDJ’s three lines form a golden cross, they are not dispersing upward. So for the day, the rebound-and-short plan remains unchanged. The key things to watch are the U.S.-Iran situation and the evening CPI!

### 6.10 Short Position Plan

For Bitcoin: short the rebound at 63000-63500, keep defense around 64500. Targets to watch are around 62000-61500-61000. If it breaks through, look around 60500-60000-69500. Continue moving the stop-loss and take profit based on how it plays out!

For Ethereum: short the rebound at 1670-1700, keep defense around 1750. Targets to watch are around 1630-1600-1570. If it breaks through, look around 1750-1730-1700. Continue moving the stop-loss and take profit based on how it plays out!

### 6.9 Long Position Plan

For Bitcoin: on a pullback to 59000-59500, try a long. Keep defense around 58500. Targets to watch are around 60500-61000-61500. If it breaks through, look around 62000-62500-63000. Continue moving the stop-loss and take profit based on how it plays out!

For Ethereum: on a pullback around 1500, try a long. Keep defense around 1460. Targets to watch are around 1580-1600. If it breaks through, look around 1630-1650. Continue moving the stop-loss and take profit based on how it plays out!

Although there are signs of bottoming, there are no positive catalysts or capital support. So longs can only be tried in a tentative way. If you keep up with the moving stop-loss, there’s a chance to take a big meat profit; if not, then just leave it and keep watching—step by step, watching as you go!