The Iran-U.S. conflict escalates again, and Bitcoin (BTC) demonstrates resilience. The heated debate over whether BTC is a "safe-haven asset" or a "risk asset" is once again in full swing!
Following the outbreak of the Iran-U.S. conflict last weekend, BTC dipped but quickly rebounded, testing key support levels multiple times and even showing super strong resilience. It started to go against the wind, no longer being led by market news! Meanwhile, gold has experienced sharp rises and falls in recent days. Compared to that, BTC remains steady as an old dog, so the big discussion this week about whether BTC is a risk asset or a safe haven has reignited in the market, and the enthusiasm has also increased! In finance, we must be adept at finding opportunities in danger. When the storm is at its peak, dare to set sail and fish! Opportunities are reserved for those who are prepared. Are you sure you're ready? BTC Support 57850-60000/62800 Resistance 75475/83960 Key levels are 70900 and 63000. The trading idea given last night was to short on a rebound at 68700-69000. The highest was 68972 early morning. Early morning, it touched above 68700 four times. If you took a short position, immediately stop loss at 69000. Now you can reduce your position slightly. If it drops another 200-300 dollars, you can break even or cut losses. ETH Support 1785/1600/1385 Resistance 2225/2749 Key levels are 2100 and 1835. Last night’s analysis focused on 1950 as a key level and 1925 after a breakdown. The lowest was 1926.3, which is quite consistent. However, no long positions were entered. Follow Bitcoin for potential rebounds and consider shorting around 2000 with a hard stop at 2030. Those who didn't watch the live stream might not know this strategy. Watching the live stream last night, the market was quite boring, and most people probably went to sleep and didn't trade! For those trading, just reduce your position and set protective stops. Last night, Bitcoin and Ethereum experienced oscillation and correction on the 4h/2h indicators. Currently, they are still maintaining oscillation. XAU (Gold) Last night, I placed a trade based on a 5min/15min rebound demand before and after the North American market opened. The market did not follow our expectations and broke through, hitting our stop loss with a 1.2% loss, which is acceptable. At this moment, XAU has returned to the 5155 level. Last night, I reminded again that the current market rhythm is changing rapidly. Stop losses are essential, and position control is necessary to avoid being swept away by sharp market fluctuations. Currently, XAU's short-term oversold rebound correction indicators are testing the validity of the rebound. The medium-term trend remains slightly bearish, so it's not a good time to operate! Trading suggestion: Generally, when 1h/2h trends are aligned, and 5min/15min resonate, it's easier to find high-probability entry points. Today, the indicator correction has further advanced. If last night Bitcoin and Ethereum approached critical levels between bullish and bearish, or even slightly bearish, then now, with 1h/2h stabilizing above all moving averages and a stronger bullish trend, it’s suitable to lay out long positions deeply! $BTC $GT #美伊局势影响
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The Iran-U.S. conflict escalates again, and Bitcoin (BTC) demonstrates resilience. The heated debate over whether BTC is a "safe-haven asset" or a "risk asset" is once again in full swing!
Following the outbreak of the Iran-U.S. conflict last weekend, BTC dipped but quickly rebounded, testing key support levels multiple times and even showing super strong resilience. It started to go against the wind, no longer being led by market news!
Meanwhile, gold has experienced sharp rises and falls in recent days. Compared to that, BTC remains steady as an old dog, so the big discussion this week about whether BTC is a risk asset or a safe haven has reignited in the market, and the enthusiasm has also increased!
In finance, we must be adept at finding opportunities in danger. When the storm is at its peak, dare to set sail and fish!
Opportunities are reserved for those who are prepared. Are you sure you're ready?
BTC
Support 57850-60000/62800
Resistance 75475/83960
Key levels are 70900 and 63000. The trading idea given last night was to short on a rebound at 68700-69000. The highest was 68972 early morning. Early morning, it touched above 68700 four times. If you took a short position, immediately stop loss at 69000. Now you can reduce your position slightly. If it drops another 200-300 dollars, you can break even or cut losses.
ETH
Support 1785/1600/1385
Resistance 2225/2749
Key levels are 2100 and 1835. Last night’s analysis focused on 1950 as a key level and 1925 after a breakdown. The lowest was 1926.3, which is quite consistent. However, no long positions were entered. Follow Bitcoin for potential rebounds and consider shorting around 2000 with a hard stop at 2030. Those who didn't watch the live stream might not know this strategy. Watching the live stream last night, the market was quite boring, and most people probably went to sleep and didn't trade! For those trading, just reduce your position and set protective stops.
Last night, Bitcoin and Ethereum experienced oscillation and correction on the 4h/2h indicators. Currently, they are still maintaining oscillation.
XAU (Gold)
Last night, I placed a trade based on a 5min/15min rebound demand before and after the North American market opened. The market did not follow our expectations and broke through, hitting our stop loss with a 1.2% loss, which is acceptable. At this moment, XAU has returned to the 5155 level. Last night, I reminded again that the current market rhythm is changing rapidly. Stop losses are essential, and position control is necessary to avoid being swept away by sharp market fluctuations.
Currently, XAU's short-term oversold rebound correction indicators are testing the validity of the rebound. The medium-term trend remains slightly bearish, so it's not a good time to operate!
Trading suggestion: Generally, when 1h/2h trends are aligned, and 5min/15min resonate, it's easier to find high-probability entry points.
Today, the indicator correction has further advanced. If last night Bitcoin and Ethereum approached critical levels between bullish and bearish, or even slightly bearish, then now, with 1h/2h stabilizing above all moving averages and a stronger bullish trend, it’s suitable to lay out long positions deeply! $BTC $GT
#美伊局势影响