The market's expectations of war with Iran had already pulled back last week, meaning the decline happened in advance. When the actual conflict breaks out, it won't cause much further damage. Israel's use of surprise attacks caused Bitcoin to plummet briefly. After the fighting ends, cooperation negotiations will be a positive development.
Currently, my previous prediction of a false breakdown has been validated. With the help of Iran's negative news, a double bottom was successfully formed. Now it depends on whether the market can twist and turn to reach the predicted 2400.
For several weeks, my main mid-to-long-term argument has been to attempt long positions below 1900 at support levels, using 50% of funds for phased rebounds. Even if caught in a trap, it can serve as a dollar-cost averaging entry for the next bull market. The risk-reward ratio is already very high, and it can still double. The remaining 50% of funds are kept in reserve for potential black swan events.
In the short term, I also analyzed changes in resistance and support levels, and confirmed that the support around 1900 would inevitably be broken. Real-time confirmation showed that the strong support near 1900 gradually weakened and turned into weak support, with a breakdown structure. This ultimately led to today’s false breakout and subsequent pullback.
Sometimes I don’t understand why I get criticized. The ideas are free, the entry points are free, and the plan is complete. Or is it that too many retail investors are involved? They love to go all-in daily and blow up their accounts, confusing their minds. Do they fail to understand the long-term perspective?
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The market's expectations of war with Iran had already pulled back last week, meaning the decline happened in advance. When the actual conflict breaks out, it won't cause much further damage. Israel's use of surprise attacks caused Bitcoin to plummet briefly. After the fighting ends, cooperation negotiations will be a positive development.
For several weeks, my main mid-to-long-term argument has been to attempt long positions below 1900 at support levels, using 50% of funds for phased rebounds. Even if caught in a trap, it can serve as a dollar-cost averaging entry for the next bull market. The risk-reward ratio is already very high, and it can still double. The remaining 50% of funds are kept in reserve for potential black swan events.
In the short term, I also analyzed changes in resistance and support levels, and confirmed that the support around 1900 would inevitably be broken. Real-time confirmation showed that the strong support near 1900 gradually weakened and turned into weak support, with a breakdown structure. This ultimately led to today’s false breakout and subsequent pullback.
Sometimes I don’t understand why I get criticized. The ideas are free, the entry points are free, and the plan is complete. Or is it that too many retail investors are involved? They love to go all-in daily and blow up their accounts, confusing their minds. Do they fail to understand the long-term perspective?