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Iran confirms it: Hormuz Strait keeps “closing the door”! As someone who watches whales/old bulls—today I literally laughed out loud
$BTC $ETH
Earlier, some people were shouting that a geo-conflict is bullish for BTC and that you should flee to safety by buying the dip—wake up a bit, brothers! Safe-haven capital’s first choice is gold. Now what is BTC compared to that?
Let’s go through the hardcore logic of trading BTC:
The strait closes -> oil prices jump straight up
Oil prices jump -> global inflation can’t be held back
Inflation can’t be held back -> does the Fed want to cut rates? Dream on—if they don’t keep hiking again, that’s already being polite
In this kind of macro environment, risk assets like BTC are like an “unable to prop himself up” weakling. As long as this Middle East oil doesn’t come down, any upside breakout in BTC is just an illusion—the real direction is: down
🤣 But yeah, you can roast it all you want—trading BTC still isn’t about going in with your eyes closed
As an old trader, I’m crystal clear: the most disgusting move by the “dog whales” is to first give you a needle—liquidating a bunch of high-leverage longs—then turn around and slam the market
So the correct way to trade BTC now:
Never go all-in and bet your life!
If you see a rebound, cut in batches; or wait until it breaks below a key support level before chasing
Set a wider stop-loss to avoid getting mercilessly swept by a needle spike#美军13天轰炸伊朗后停火