Face-changing King makes an appearance, oil prices plummet, gold prices rebound cautiously chasing the rally! 6.12 Bitcoin Auntie’s Strategy

Hours ago, there was a threat to "very harshly" strike Iran and seize its oil facilities, but by evening, there was a sudden 180-degree turn: cancel military action, announce that a "great war resolution" has been reached with Iran, the document will be finalized "in the coming days," Vance may go to Europe to sign over the weekend, the Strait of Hormuz will "open soon." But Iran quickly slapped the face of the懂王, no conclusion yet! Influenced by this statement, oil prices fell below 90, US stocks rebounded sharply, gold recaptured the 4200 level, and the US dollar index hit its biggest drop in over a month. The coin prices rebounded strongly! Short positions yesterday got trapped!

Technical analysis shows that Bitcoin Auntie’s solar line closed, Bollinger Bands are severely converging, the coin price is operating above the lower band, KDK’s three-line golden cross is upward and diverging for the second time, MACD double lines are at low levels and nearly converged, with signs of forming a golden cross, volume has significantly decreased. There are signs of a reversal for the bears, but before the US and Iran reach a final agreement, be cautious about chasing the rally!

6.12 Short Position Strategy

Buy one short at the current price of 63,500-64,000, stop loss near 65,000, target around 62,000-61,500-61,000, if broken, look at 60,500-60k, continue to move stop loss based on situation to protect profits!

Buy one short at ETH’s current price of 1,670-1,700, stop loss near 1,750, target around 1,630-1,600, if broken, look at 1,570-1,550-1,730, continue to move stop loss based on situation to protect profits!

6.12 Long Position Strategy:

Buy one long if Bitcoin retraces to 59,500-60k, stop loss near 58,500, target around 61,000-61,500, if broken, look at 62,000-62,500-63,000, continue to move stop loss based on situation to protect profits!

Buy one long ETH if it retraces to 1,530-1,560, stop loss near 1,500, target around 1,600-1,650, if broken, look at 1,680-1,700, continue to move stop loss based on situation to protect profits!

Whether the US and Iran can reach an agreement finally remains uncertain, but it definitely won’t stay deadlocked forever. It just takes time—see who can’t hold out and will ultimately compromise. Let’s wait and see! #美伊冲突升级