The situation between the US and Iran continues to escalate, and “Yellow hair” threatens Iran with strong pressure and refuses to back down! 7.15 BTC & ETH trading thoughts

“Yellow hair” said that on Tuesday, the US and Iran held talks, and the US urged Iran to reach an agreement. He also said he would save attacks on Iran’s energy facilities for last. “Yellow hair” threatened: “Next week, we will destroy Iran’s power plants and destroy their bridges. Unless they return to the negotiating table, we will destroy all their power plants and bridges.” But the coin price couldn’t surge like US stocks despite CPI coming in below expectations; the short position from last night is still stuck—set your stop loss and hold on to see!

On the daily chart, the “big pancake big ether” formed a solid large real-bodied bullish candle, and it also broke through and made a new recent high. Price is moving below the upper rail, and the bullish momentum is slightly insufficient. In the attached KDJ indicator, all three lines are in the high zone, with a bullish crossover and upward divergence. MACD’s two lines are moving upward; but the volume did not expand significantly. So Conan believes the coin price still has a chance to pull back—therefore, be cautious about chasing longs! During the day, you can lay in a short position near the highs!

**7.15 short ideas:**

For “big pancake,” short one at 64600–65000, defend around 65500, targets 64000–63500–63000; if it breaks through, watch around 62500–62000–61500. If it continues to break through, move the stop loss and take profit according to conditions!

For “ether,” keep shorting at 1870–1900, defend around 1940, targets 1800–1770–1750; if it breaks through, watch around 1730–1700–1680. If it continues to break through, move the stop loss and take profit according to conditions!

**7.15 long ideas:**

For “big pancake,” go long one on the pullback at 61000–61500, defend around 60000, targets 62500–63000; if it breaks through, watch around 63500–64000–64500!

For “ether,” go long one on the pullback at 1650–1680, defend around 1610, targets 1720–1750–1780; if it breaks through, watch around 1800–1830–1850!

Iran won’t simply admit defeat. Even though the costs are enormous, it will still persist in resisting the pressure from the US side. The situation is tense right now. Although it hasn’t caused the coin price to pull back, it has clearly been suppressing the long side—so everyone, be cautious about chasing! #Gate现货增速全球第一