Is the “orange hair” chickening out? Short positions are still cashing in big—keep holding! 7.24 BTC & ETH mindset

Iranian and Iraqi officials said that on Thursday, Iran rejected a ceasefire proposal put forward by the U.S. president, a proposal that was relayed to Tehran by Iraq’s prime minister. This attempt at mediation ultimately failed to produce results. Meanwhile, the “orange hair” was threatening to escalate the war and was considering taking action against Iran’s key infrastructure. It’s still unclear what the specific contents of this ceasefire proposal are. However, Iranian officials said this is the only proposal on the table right now, and the Iranian government is unwilling to accept a temporary deal that would not resolve the issue of control of the Strait of Hormuz. Even the “orange-haired guy” is really timid—on one hand shouting about escalation, and on the other quietly submitting a ceasefire proposal. He definitely didn’t expect Iran wouldn’t buy it, right?

Yesterday’s daily candle doji didn’t really gain momentum. Shorts are currently up on BTC by over 1,000 points, close to nearly 2,000 points, while ETH is up by nearly 100 points. Follow along to eat the big profits, and be patient—keep holding and wait for the breakdown! If you didn’t get on the train, jump in at the right moment and set a trap!

7.24 short-position mindset:

Short BTC on the rebound from 66000-66500, defend around 67500. Targets to watch are around 65000-64500-64000. If it breaks down, watch around 63500-63000-62500-62000. Continue to move the stop-loss to lock in profits—take profit as conditions allow!

Enter ETH at the current price 1930-1960, defend around 1990. Targets to watch are around 1850-1820-1800. If it breaks down, watch around 1750-1720. Continue to move the stop-loss to lock in profits—take profit as conditions allow!

7.24 long-position mindset:

For BTC, buy one on the pullback from 61500-62000, defend around 60500. Targets to watch are around 63000-63500-64000. If it breaks down, watch around 64500-65000.

For ETH, buy one on the pullback from 1700-1730, defend around 1640. Targets to watch are around 1750-1780-1800. If it breaks down, watch around 1830-1850.

U.S. stocks plunged yesterday, and crypto prices followed right after. 🐶 can’t hold it up anymore—the bullish hardline that kept being emphasized will only be a flash in the pan. And now it’s been proven. Just wait—it’s going to keep dropping!