Tuesday, Bitcoin rebounds after falling, can we still short?

Today’s opening session, US media reports that Trump is willing to end the Iran war under the closure of the Strait of Hormuz, which is definitely a positive for the entire market. But we can only believe half of what the yellow-haired guy says—after all, he’s known for being unpredictable, changing his stance at any moment. Yesterday, he was preparing for ground operations; today, he wants to end the war.

Today’s rhythm is expected to be similar to yesterday’s—initial rise followed by a decline. So, the short entry point can only be waited on. Look for a pullback around 68,300 in the early session for resistance and correction. Watch the 67,200 level below; the current market structure shows weak downward momentum, so it probably won’t fall too much. It’s a range-bound consolidation, so don’t blindly chase. The ideal short entry point is below 70,000.

Bitcoin: Short in the 68,500-69,000 range, reserve positions for above 70,000 for add-on, target 65,500.

Ethereum: Short in the 2,095-2,125 range, reserve positions for above 2,180 for add-on, target 1,950.

The most important thing in trading is learning to wait, not blindly chasing gains or cutting losses. One correct trade beats frequent, numb entries. Guys, do you agree? The only thing I can give you is reliability! #BTC能否守住6.5万美元？