US launches new airstrikes on Iran, shorts keep eating, keep shorting! BTC/ETH ideas for July 8

The fragile US-Iran ceasefire agreement faces a major test. Not only has the US launched a new round of airstrikes on Iran, it has also revoked sanctions waivers allowing Iran to sell oil, directly targeting the attacks on merchant ships in the Strait of Hormuz. US military strikes are ongoing. The scale and intensity of this round of strikes are four to five times larger than the strikes ten days ago. The short positions given yesterday were spot on, allowing multiple waves of profitable trades. If you missed the entry, just wait for a bounce to position again!

After six consecutive bullish daily candles, a bearish candle appeared as expected. The Bollinger Bands are narrowing, the KDJ fast line is slowing, and the three lines are turning downward from high levels, showing signs of a death cross. Therefore, the intraday strategy remains to short on bounces. Be cautious about bottom-fishing!

July 8 short ideas:

BTC: Go short now at 63500-64000, add short at 64500-64800, stop loss near 65500, target 62500-62000, if broken see 61500-61000-60500-60k, continue trailing stop to protect profits depending on the situation.

ETH: Go short now at 1780-1800, add short at 1830, stop loss above 1850, target 1750-1730-1700, if broken see 1650-1630-1600, continue trailing stop to protect profits depending on the situation.

I said yesterday that Trump's forced pump was just a flash in the pan, and I also mentioned it in a previous post. The US-Iran negotiations will definitely not be easy; it's a big bomb. Sure enough, they're back to fighting. Iran will not let this go. Hold your short positions patiently, and if you haven't entered, find the opportunity to enter. #美伊战争