The rebound just started to emerge, and the Middle East hits you with another blow—this kind of decline, don't rush to go long.


Brothers, let's start with the conclusion: at this time, don't rush to go long.
The Middle East is starting to fluctuate again. What did everyone think a couple of days ago? The US and Iran talking in Switzerland, the Strait of Hormuz not closing, the IAEA wanting to inspect facilities, Trump saying "completely and thoroughly agree"—the market sees this and thinks, oh, there's easing, risk-on, Bitcoin suddenly climbs back to 65,000, everyone breathes a sigh of relief.
And what happened? Talking peace on the surface, but in southern Lebanon, gunfire erupts again, two people standing by bulldozers suddenly disappear, damn, the ceasefire collapses in just two days. The US and Iran are even more amusing; Trump says Iran "completely agrees" to nuclear inspections, Tehran quickly denies, saying no one was arranged to inspect uranium enrichment facilities. What is this? Talking past each other.
What I fear most is this kind of "repetition." It’s not that a fight is inevitable, but that the previous rebound was based on the story of "peace is coming." Now that the story has been exposed by our own people, combined with yesterday’s plunge in tech stocks and AI chips, risk-off sentiment rises, and crypto and US stocks fall together.
So, can we bottom fish and go long? Honestly, I’m a long-only trader myself, always going long, and I still have long positions trapped, I’m also losing money, so I have no right to speak. But because I’ve lost, I understand one thing even clearer—
This kind of market, the rise is really slow, and the fall is really smooth.
The more it falls, the smoother it gets, with no resistance. Why? Because it’s not retail investors dumping, it’s institutions unloading, those with hundreds of millions or billions in positions getting liquidated, market orders smashing down, chain reactions of stampedes. Retail investors at this point are throwing in the towel, just wanting to get out with whatever they have. If you rush in to buy long now, you’re just taking the knife.
The market has never lacked liquidity; it lacks confidence. How many times has trading volume multiplied in these two days? The money is there, but confidence is gone. Without confidence, money will just keep smashing down harder.
So my simple idea now is: survive first. Only by surviving do you have a chance. Don’t always think about catching the bottom, going long to turn things around—I've been there, I understand that feeling, it’s what keeps trapping me. If you really want to act, do it in batches, with low leverage; or just stop watching the price, slowly accumulate some Bitcoin spot when it’s cheap, depending on how many coins you hold, don’t focus on how much it’s worth now.
Anyway, I won’t go long in this kind of market anymore. Just hold #Gate股票7x24小时交易 on and survive.
BTC-0.97%
ETH0.53%
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What price will Bitcoin hit in June?
↓ 57,500
4.24x
24%
↓ 55,000
50.00x
2%
$1.88M Vol+23 more
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