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The Master of Wokeness has made bold claims again, the Strait of Hormuz has closed again. Long positions hit precisely! 6.21 Bitcoin Auntie's Strategy
The Master of Wokeness posted on the social media platform "Real Social" that during the 60-day ceasefire period, no tolls will be charged for passage through the Strait of Hormuz. After the 60-day period ends, no tolls will be charged either, unless the relevant agreement fails to be reached. As the "guardian angel" of Middle Eastern countries, the United States provides services to them and seeks compensation for the costs incurred in the past, present, and future, which will be decided and collected by the U.S. According to the content of the memorandum of understanding previously released by Iranian state media and U.S. officials, the terms regarding passage through the Strait of Hormuz clearly state that Iran will make every effort to arrange for commercial ships to safely and freely transit between the Persian Gulf and the Oman Gulf within the 60-day period. As for after the 60 days, the management system of the Strait of Hormuz will be established through dialogue between Iran and Oman, and negotiations with other Gulf Coast countries. Yesterday, the other side attacked Lebanon again, and Iran directly closed the Strait of Hormuz again. However, the U.S. and Iran continue negotiations, and both sides announced they are heading to Switzerland for talks. The bulls in the coin price slightly gained strength, and the retracement buy-in strategy on Friday was precisely hit. Follow along and take profits!
Technical analysis: Bitcoin Auntie’s two consecutive bullish days, both with lower wicks, with the lows gradually rising. The Bollinger Bands are tightening significantly, the price is above the middle band, the three lines of KDJ are slowing down downward, MACD lines are moving upward, and volume is slightly increasing. Overall, the trend is bullish, so the intraday strategy remains to buy on dips!
6.21 Long position strategy:
Bitcoin 63,000-63,300 long, conservative traders enter at 62,300-62,600, with a stop around 61,000. Targets are around 64,500-65,000-66,000. If broken, look for 67,000-68,000-69,000, and continue to move stop-loss accordingly based on the situation!
Ethereum retracement: buy at 1,670-1,700, conservative traders enter around 1,630, with a stop near 1,600. Targets are around 1,750-1,800-1,850. If broken, look for 1,900-1,950-2,000, and continue to move stop-loss accordingly based on the situation!
6.21 Short position strategy:
Bitcoin rebounds to 67,000-67,500 and attempt a short, with a stop at 68,000. Targets are around 66,000-65,500-65,000. If broken, look for 64,500-64,000.
Ethereum rebounds to 1,830-1,850 and attempt a short, with a stop at 1,880. Targets are around 1,780-1,750-1,730.
The U.S.-Iran negotiations still have the potential to break down, so the bulls have not yet gained momentum. Once there is no resistance and success follows, the bullish strength will definitely not be this weak! Be patient and wait! #美伊谈判推迟