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Iran responds strongly, is Trump scared? Long positions are back again! 6.22 Bitcoin Auntie Strategy
June 21 News, Iranian President Ebrahim Raisi stated in a video broadcasted by Iranian media that Iran will never give up its right to uranium enrichment, and the U.S. will eventually be forced to accept this. Raisi said that the attitude of the U.S. president has done a 180-degree turn; earlier, he said Iran must surrender unconditionally, with no rights, and then he said Iran has rights, with a complete reversal of stance. This shows that Trump has admitted that the U.S. cannot ignore Iran’s rights. Meanwhile, negotiations in Switzerland are still ongoing, but midway through, due to Trump issuing threats to Iran, Iran responded strongly and suddenly paused the talks. Negotiations resumed afterward, which definitely means Trump is backing down! Yesterday’s strategy of retreating and continuing to lay low was in line with expectations. Catching up allows for more ambushes, but the Friday long positions were swept out after setting stop-loss at Poly!
Technically, Bitcoin Auntie’s two consecutive bullish days closed lower this morning. Weekend volatility is not significant. U.S.-Iran negotiations will eventually reach a result. Plus, Israel has already ceasefire and agreed to a small-scale troop withdrawal. Continue to retreat and lay low, waiting for a bullish breakout!
6.22 Long Position Strategy:
Bitcoin 63,000-63,300 long, conservative entry at 62,300-62,600, stop around 61,000, target around 64,500-65,000-66,000, if broken, look at 67,000-68,000-69,000, continue to move stop-loss based on situation!
Ethereum retracement 1680-1710 long, conservative entry around 1630, stop around 1600, target around 1750-1800-1850, if broken, look at 1900-1950-2000, continue to move stop-loss based on situation!
6.21 Short Position Strategy:
Bitcoin rebound from 67,000-67,500, try shorting one position, stop at 68,000, target around 66,000-65,500-65,000, if broken, look at 64,500-64,000.
Ethereum rebound from 1830-1850, try shorting one position, stop at 1880, target around 1780-1750-1730.
There are no major data releases this week; focus on the progress of U.S.-Iran negotiations. The subsequent bullish momentum will be triggered soon, so everyone should wait patiently! #美伊谈判第一轮结束