The U.S.-Iran situation hasn’t eased—BTC and ETH are rising strongly without volume. Beware of a short-term short rebound! 7.21 BTC & ETH trading ideas

The situation on both sides of the U.S. and Iran is still escalating, but the coin price is stubbornly strong—yesterday, the short orders entered at the current price were swept while also taking a breakeven stop-loss, hitting take-profit sweep on the way. The short orders that continued entering after midnight are still there—just be patient and wait!

The daily Bollinger Bands are still tightening, but the KDJ indicator on the chart is strong and has been pulled into a golden cross. Although MACD’s volume/energy performance is normal, the price simply won’t fall, and volume hasn’t expanded. The longs are most likely at the end of their strength, so beware of a short rebound!

7.21 Short setup:

For BTC, short at the current price 65,400-65,800. Defend around 66,500. Targets: 64,500-64,000-63,500-63,000. If it breaks down, watch 62,500-62,000-61,500. If it continues to break down, keep moving the stop-loss and take profit—adjust based on the situation!

For ETH, enter short at the current price 1,910-1,950. Defend around 1,990. Targets: 1,850-1,820-1,800. If it breaks down, watch 1,750-1,720. If it continues to break down, keep moving the stop-loss and take profit—adjust based on the situation!

7.21 Long setup:

For BTC, on a pullback to 61,000-61,500, add one long. Defend around 60,000. Targets: 62,500-63,000. If it breaks through, watch 63,500-64,000-64,500!

For ETH, on a pullback to 1,700-1,730, add one long. Defend around 1,640. Targets: 1,750-1,780-1,800. If it breaks through, watch 1,830-1,850!

The U.S.-Iran situation keeps escalating, but the coin price has been consolidating in a high range. It’s clear that 🐶 the “whales” want to eat the shorts—or at least try to scare the shorts away. Chasing longs will definitely only get you a little upside space; only shorting has a chance to take the big meat! #ETH突破1900美元