June 12 BTC/ETH Market Morning Report -- Iran and Israel Welcome Peace Dawn, Wishing for World Peace

Trump first announced bombing Iran, then quickly stated peaceful coexistence with Iran, the Supreme Leader has agreed to reach an agreement, and it may be signed this weekend. Hopefully, peace in the world, no more wars!

This self-directed and acted play, I think the biggest winner is still that person who draws K-lines, in this chaotic situation, positions still need to be controlled, maybe it will suddenly rise well and then draw the line down again 😅!

This week has gone by quite quickly, and it's already Friday. From Monday's short positions at 64,300 and 1,717, the price dipped to around 60,100 and 1,600 targets, with good profit margins during the process. The short positions entered last midnight around 63,200–64,000, and ETH shorts around 1,780–1,740 are currently making small profits. It’s worth noting that the market highs are constantly being broken, so be alert to sudden surges influenced by news. It is recommended to reduce positions by 80% after reaching the target before continuing to gamble, and to keep an eye on resistance levels above for high shorting opportunities.

Bitcoin resistance above 64,000 and around 65,000 and 65,900, these levels can be used to gamble on short positions again. Support levels below are around 63,200–61,800–61,000–60,400–59,300, as well as bottom-fishing zones near 53,000 and 45,000.

For ETH, watch above 1,710–1,740–1,820, and support below around 1,620–1,580–1,500, with bottom positions at 1,444–1,380–1,122.

Note that the above levels should be approached with light positions, and entry/exit points may vary: BTC ±100, ETH ±5. Use at #我的Gate交易时刻 your own risk!