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Iran once again distrusts the United States, and the negative news has arrived!
$ETH Can it still hold at 1700?
——————
Just said a ceasefire was coming, and Iran turned around to say “Distrusts the US, preparing for possible war.”
Negotiations are still ongoing, but the preparation for war hasn't stopped. While claiming to continue negotiations, they are already making other arrangements. Israel and Hezbollah just stopped fighting, and Iran jumps out saying “Lebanon’s ceasefire is our red line.”
All the good news is now bad news. The US-Iran agreement is signed, Lebanon has a ceasefire, oil prices are falling, and inflation is easing. But these positives have already been digested by the market. Iran now jumps out saying “Distrusts the US,” and the market is re-pricing risks. The war might not be over, and the agreement could be torn up at any time.
#美伊谈判推迟 said a ceasefire was coming, and Iran turned around to say “Distrusts the US, preparing for possible war.”
Negotiations are still ongoing, but the preparation for war hasn't stopped. While claiming to continue negotiations, they are already making other arrangements. Israel and Hezbollah just stopped fighting, and Iran jumps out saying “Lebanon’s ceasefire is our red line.”
All the good news is now bad news. The US-Iran agreement is signed, Lebanon has a ceasefire, oil prices are falling, and inflation is easing. But these positives have already been digested by the market. Iran now jumps out saying “Distrusts the US,” and the market is re-pricing risks. The war might not be over, and the agreement could be torn up at any time.
Is ETH at 1,707, can it hold at 1,700? If it falls below 1,700, below that is 1,650. F2Pool co-founder just increased holdings by $33.41 million in ETH and WBTC, whales are buying. But Iran is causing trouble, the market is panicking, and even whales can't withstand the sentiment.
In the short term, the negatives outweigh the positives. Iran’s distrust statement may trigger a new round of risk aversion. BTC at 63,000, ETH at 1,700, this level has held for a long time. The negative news has arrived, it’s time to fall. When it breaks below 1,700, look at 1,650. Iran’s recent statement is no joke. Ceasefire could break at any moment, the agreement could be torn up at any time. The negative news has arrived, it’s time to sell off. #美联储