I am Jin Yingying. The current US-Iran situation is erratic, with ceasefires and battles alternating like child's play. It is highly likely that geopolitical news is being used to manipulate the market and intervene.



The short-term market has entered a consolidation and recovery phase. After a significant breakout drop with high volume on the weekly chart, a technical correction is normal. However, this is just a brief respite in a downtrend, not a reversal of the bearish main trend. The current sideways movement is actually accumulating for further declines, and prolonged consolidation makes a second sharp drop with volume highly likely.

The full-cycle bearish structure remains unchanged. Operate by holding short positions and wait for the breakout after the consolidation ends.
Strategy:
Bitcoin: short when it rebounds above the 60k mark and shows resistance, target 58,000;
Ethereum: short on a rebound to 1,590 at a high level, target 1,520.
ETH3.30%
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LiquidationLineInTheReflection
· 14h ago
The geopolitical script really seems pre-written; every time news comes out, it hits key trigger points. Those who get it, get it.
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GaslightGuardian
· 14h ago
Don't rush to buy the dip until the bearish structure changes; wait for the high-volume wick to appear.
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RugproofRookie
· 15h ago
The sideways consolidation after a weekly breakout is the most tormenting, but after it ends, there is usually another drop. I trust Sister Yingying's judgment.
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MintColdBrew
· 15h ago
60K sell-wall, 1590 sell-wall—this level’s limit orders are likely substantial; if it breaks, it’ll trigger a stampede.
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