The US-Iran conflict escalates again, and BTC shows 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 US-Iran conflict last weekend, BTC dipped but quickly rebounded, testing key support levels multiple times and even demonstrating 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 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 for BTC 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 take a small loss. 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 entry was made, following Bitcoin’s rebound to short at around 2000 with a hard stop at 2030. Those who didn’t watch the live stream might not know this strategy. For those who did, last night’s market was quite boring, and most probably went to sleep without trading! For those operating, just reduce your position and set protective stops. Last night, Bitcoin and Ethereum showed oscillation and correction on the 4h/2h indicators. Currently, they are still maintaining oscillation! XAU Last night, a short-term game was played on the 5min/15min levels before and after the North American market open, aiming for a rebound within 20 minutes. 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-loss is essential, and position control is crucial, or you risk being swept away by extreme market volatility. Currently, XAU’s short-term oversold rebound correction indicator is 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 a high-probability entry point! Today’s indicators are further recovering. Last night, if Bitcoin and Ethereum were approaching critical points between bulls and bears or slightly bearish, then now, with 1h/2h stabilizing above all moving averages and a stronger bullish trend, it’s suitable to deep-dive into long positions! #BTC #ETH #骚哥早盘 #US-Iran conflict
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MasterChuTheOldDemonMasterChu
· 6h ago
A quick overview, Diamond Hand 🌙
View OriginalReply0
MasterChuTheOldDemonMasterChu
· 6h ago
Stay strong and HODL💎
View OriginalReply0
MasterChuTheOldDemonMasterChu
· 6h ago
Wishing you great wealth in the Year of the Horse 🐴
The US-Iran conflict escalates again, and BTC shows 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 US-Iran conflict last weekend, BTC dipped but quickly rebounded, testing key support levels multiple times and even demonstrating 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 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 for BTC 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 take a small loss.
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 entry was made, following Bitcoin’s rebound to short at around 2000 with a hard stop at 2030. Those who didn’t watch the live stream might not know this strategy. For those who did, last night’s market was quite boring, and most probably went to sleep without trading! For those operating, just reduce your position and set protective stops.
Last night, Bitcoin and Ethereum showed oscillation and correction on the 4h/2h indicators. Currently, they are still maintaining oscillation!
XAU
Last night, a short-term game was played on the 5min/15min levels before and after the North American market open, aiming for a rebound within 20 minutes. 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-loss is essential, and position control is crucial, or you risk being swept away by extreme market volatility.
Currently, XAU’s short-term oversold rebound correction indicator is 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 a high-probability entry point!
Today’s indicators are further recovering. Last night, if Bitcoin and Ethereum were approaching critical points between bulls and bears or slightly bearish, then now, with 1h/2h stabilizing above all moving averages and a stronger bullish trend, it’s suitable to deep-dive into long positions!
#BTC #ETH #骚哥早盘 #US-Iran conflict