The “Dumb King” swings the tariff bat again, and the Houthis have already received a secret order from Iran. Will the “Dumb King” dare to escalate the conflict again?

The “Dumb King” government announced that, starting July 22, it will impose an additional 25% tariff on some imported goods from Brazil, citing that Brazil’s policies harm the competitiveness of U.S. companies and that Brazil has “unfair trade practices.” Brazil strongly retaliated, saying it will take the matter to the WTO and implement reciprocal countermeasures.

Meanwhile, Yemen’s Houthi forces have also received a secret order from Iran and are prepared: if the U.S. attacks Iran’s power infrastructure, they will shut the Strait of Hormuz, which would pose a new major threat to global energy supply. It is reported that this idea has already been discussed within Iran’s leadership and that the information has been conveyed to Iran’s Houthi allies. Sources say the Houthis have recently learned of Tehran’s demand. The sources did not provide more details on how the request was conveyed, nor did they say whether it was raised after Trump threatened on Tuesday to attack Iran’s power infrastructure.

Here are the short-selling ideas for today. The “big cake” has easily knocked down a thousand points; ETH can also take down 40–50 points. Follow along and get the meat! With international conditions tense right now, although big players and institutions have joined forces to buy and boost the coin’s price, the bullish side is clearly not strong enough—so in the evening, the rebound-and-shorts plan remains unchanged!

7.16 evening plan

Big cake rebound 65000–65500 short, defend 66500. Targets: 64000–63500–63000. If it breaks through, look at 62500–62000–61500. Continue with a trailing stop and take-profit based on the situation!

ETH rebound 1900–1940 short, defend 1970. Targets: 1870–1850–1830–1800. If it breaks through, look at 1770–1750–1730. Continue with a trailing stop and take-profit based on the situation!

Although the longs are still propping things up, with the international situation this tense, the market is simply crowded with too many bearish short orders. 🐶 The Zhuang wants to scare everyone off or gobble up most of the short positions, but pulling it up isn’t that easy either—so everyone, be cautious about chasing the rally! #夏日创作营