$300 billion escape from the battle—Dōng King tries to steal chickens but ends up losing rice! 6.17 Big Pie (BTC) and Auntie (ETH) Approach

As the Memorandum of Understanding is disclosed, a major investment arrangement worth $300 billion has become a key component. A source said this funding mechanism has already received commitments from more than half of the contributing parties, but its nature is not government assistance; instead, it is a market-oriented investment tool involving enterprises from multiple regions. This fund is positioned as a platform to unlock long-term investments in Iran. Its funding sources cover enterprises from the United States, the Gulf Arab countries, and also Asia, South America, and Africa—spanning multiple industries such as energy, logistics, manufacturing, and transportation. Since the agreement has not yet been officially released, people involved have requested anonymity. However, it’s obvious that Dōng King is still scared—this wave is clearly a case of trying to steal chickens but ending up losing rice. Yesterday, the coin price didn’t move much. I opened long positions in two waves, but I didn’t close in time—so I only made a little profit.

After the daily chart saw Big Pie (BTC) and Auntie (ETH) post three straight bullish candles, the session this morning turned to a bearish close. The price is consolidating near the middle band of the Bollinger Bands, showing signs of stabilizing around the 5-day moving average. But the push higher has slightly lacked strength. It’s a small-oscillation type of market. Still, with positive news landing one after another, there is a high chance of another push higher afterward. So for the time being, pullbacks are likely best handled with long entries.

6.17 Long-position ideas:

Big Pie (BTC) longs at the current price 65300-65700. Conservative traders should buy on pullbacks at 64500-65000. Place defense around 64000. Targets are around 67000-67500. If it breaks through, look at 68000-68500-69000. If it keeps breaking out, continue moving the stop-loss and take profit as conditions warrant!

Ether (ETH) longs at the current price 1760-1790. Conservative traders should buy on pullbacks at 1700-1730. Place defense around 1650. Targets are around 1830-1850. If it breaks through, look at 1900-1950-2000. If it keeps breaking out, continue moving the stop-loss and take profit as conditions warrant!

Shorting risk is too high. Personally, I think shorting coin prices is less good than shorting crude oil. If you short around 85 after a rebound, aim for 80-75. If it breaks out, slowly move the stop-loss—see whether it can retrace back toward 70. Trade and manage position sizing and stop-loss according to your own holdings and risk control!

At 2:00 a.m. the next day, the Federal Reserve’s interest rate decision will be released, and the market also expects the Federal Reserve to stay put. So during the day, simply maintain the approach of buying on pullbacks. Wait patiently for a bullish breakout! #美伊协议达成海峡将开放