Iran Responds Firmly—Is “Trump” Scared? Longs Are Back Again! 6.22 Bitcoin & Ethereum Setup



June 21 News: In a video broadcast by Iranian media, Iranian President Pezeshkiyan said that Iran will never give up its right to uranium enrichment, and that the U.S. will eventually be forced to accept it. Pezeshkiyan said the U.S. president’s attitude has made a complete 180-degree turn. Previously, he said Iran had to surrender unconditionally, with no right to do this or that; afterward, he said Iran does have rights—its position has been completely reversed. This shows that “Trump” has acknowledged that the U.S. cannot ignore Iran’s rights. Meanwhile, negotiations in Switzerland are still ongoing. Midway through, because “Trump” issued threatening remarks toward Iran, Iran responded strongly and suddenly paused the talks. The negotiations continued afterward—this definitely means “Trump” backed down. The idea shared yesterday of pulling back and continuing to set up positions is in line with expectations. After the follow-up, you can lay in another ambush—Friday’s long positions, with stop-losses placed at Poly, were swept!

Technically, after two consecutive bullish days for Bitcoin & Ethereum (“Auntie”), this morning they closed bearish. Volatility is limited over the weekend. In the end, the negotiations between the U.S. and Iran will produce a result. Plus, Israel has already halted hostilities and has agreed to a small-scale troop withdrawal. Pull back and continue to set up longs—just wait for the bulls to surge!

6.22 Long Position Ideas:

Bitcoin long at 63,000-63,300. Steadier traders can enter at 62,300-62,600. Defense around 61,000. Targets look at 64,500-65,000-66,000. If it breaks through, watch 67,000-68,000-69,000. Continue to move the stop-loss according to the situation!

Ethereum retracement long at 1680-1710. Steadier traders can enter around 1630. Defense around 1600. Targets look at 1750-1800-1850. If it breaks through, watch 1900-1950-2000. Continue to move the stop-loss according to the situation!

6.21 Short Position Ideas:

Bitcoin: On a rebound from 67,000-67,500, attempt a short position. Defense at 68,000. Targets look at 66,000-65,500-65,000. If it breaks, watch 64,500-64,000.

Ethereum: On a rebound from 1830-1850, attempt a short position. Defense at 1880. Targets look at 1780-1750-1730.

There are no major important data releases this week. The focus is to watch the progress of the U.S.-Iran negotiations. After that, good news for the bulls may be triggered at any moment—so everyone, please wait patiently! #美伊谈判第一轮结束
BTC0.46%
ETH0.26%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
ConanTrendIsKing
· 1h ago
There is no major data this week; the focus is on the progress of the US-Iran negotiations. The subsequent interest rate hikes could be imminent, so everyone should be patient and wait!
View OriginalReply0
  • Pinned