The US-Iran situation remains deadlocked. If talks can’t be negotiated, keep on shorting! Buy the dip on Friday to profit! June 28 Bitcoin & Ethereum strategy

On Saturday, Iran launched drone attacks on Bahrain. At the same time, a vessel in the Strait of Hormuz was also targeted, which may be Tehran’s response to US overnight airstrikes. The attacks in the Persian Gulf once again show that even if Iran and the US have reached a temporary agreement and are trying to align on a final ceasefire deal, the Iran war could still spiral out of control. In addition, the leader of Hezbollah in Lebanon said that the Israel–Lebanon framework agreement is invalid and must be replaced with a US–Iran memorandum of understanding. Pressure will continue until Israel withdraws from Lebanon. He urged the Lebanese government to give up the Israel–Lebanon framework agreement. He said that the way of linking Israel’s withdrawal from southern Lebanon to the organization’s disarmament has gone beyond the “red line.” The long idea given on Friday matched expectations. Bitcoin can capture two waves of over 2,000-point moves, and Ethereum can capture two waves of over a hundred points—this wave of gains is pretty good!

Bitcoin & Ethereum on the daily chart have already formed doji candles. Low-level dojis clearly suggest a rebound, but capital inflows are too limited. Combined with the US-Iran situation being hard to ease, going forward we should focus on the results of negotiations between both sides and capital movements. For longs, Ethereum is still being held; Bitcoin has already run. If it pulls back near the low, add a long there; otherwise, it’s still mainly shorts!

## 6.28 Long Strategy

Bitcoin: pull back to 58000–58500 to go long, defend near 57000, targets look at 59500–6万–60500, if it breaks through then look at 61000–62000–63000, and if it continues breaking through then look at the upper rail near 66000.

Ethereum: pull back to 1500–1530 to go long, defend near 1460, targets look at 1580–1600–1630, if it breaks through then look at 1650–1680–1700, and if it continues breaking through then look at the upper rail near 1800.

## 6.28 Short Strategy

Bitcoin: rally to 61500–62000 to short first, defend 63000, targets look at 61000–6万–59500, if it breaks through then look at 59000–58500–58000.

Ethereum: rally to 1630–1650 to short first, defend near 1700, targets look at 1600–1550, if it breaks through then look at 1500–1460.

With no capital inflow, the bulls lack strength. If you’re not getting a chance to run a medium- to long-term position, slowly move the stop loss to capture the swings! The end of a bear market requires sustained capital inflows. Right now, even though there’s some capital outflow from US stocks, the amount isn’t large—so be patient and wait!