🔥Latest news? US-Iran ceasefire falls apart + ETH dumps! Bearish explosion!

The Middle East situation has completely reversed!
The US-Iran ceasefire agreement is effectively dead, oil tankers in the Strait of Hormuz have been halted, combined with large sell pressure from the Ethereum Foundation, ETH has plunged through key support levels, and a bearish trend has officially started!
📊 Market Overview

Current price: 2188.18U, all moving averages are turning downward, the price has completely broken below critical support, SuperTrend and SAR signals are all bearish, a 24-hour drop from 2269U of over 4%, bears are fully in control!

🎯 Market Forecast

• Main expectation (ceasefire breakdown): ETH drops below 2180, probing 2150-2130, extreme case 2100

• Neutral (ceasefire barely holding): Weak oscillation between 2180-2190, lack of rebound strength, ready for a second drop

• Low probability (negotiation easing): Slight rebound to 2195-2200, then continue downward under pressure, maintaining the bearish trend

🚀 Positioning Plan (Mainly short, with some long positions as backup)

【Primary short strategy】

• Initial entry: 2190-2193, 20% position, stop loss at 2198, target 2180-2178

• Secondary addition: 2198-2200, 30% position, stop loss at 2205, target 2170-2150

• Take profit: Half position at 2180, close at 2170-2150, if breaks 2150, hold for 2100

【Long backup (only oversold rebounds, light positions)】

• Initial entry: 2178-2180, 15% position, stop loss at 2173, target 2190-2193

• Secondary addition: 2170-2173, 15% position, stop loss at 2165, target 2190-2195

• Take profit: Half position at 2190, close at 2195, quick in and out, no holding for battles
💡 Trading Reminder

Strictly follow the trend to short, do not blindly buy the dip! Keep an eye on US-Iran ceasefire developments and the Strait of Hormuz situation, set proper stop losses, and control your position sizes!
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