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Yesterday, Trump was back on the talk show stage, and sure enough, last night Trump "won big again," boasting about how he was winning in every aspect. In fact, everyone knows deep down that the more someone emphasizes something, the more they lack it.
At the same time, last night at 8:30 PM, he was wildly shouting, saying "Iran must reach an agreement immediately, or prepare for a bigger bombing," and claimed that more military equipment was already prepared. The show looked quite fierce! But what happened? Just this morning at 4 AM (which is Tuesday in U.S. time), he announced the extension of the ceasefire, which is basically backing down.
The market in the afternoon saw a strong rally, breaking the previous rebound high around 784. Yesterday, we first saw the price at 754, then a direct rebound to 769-774. Short positions were placed at 769-774, with the lowest drop to 748, switching between long and short positions. Today, be cautious of testing the 80k level with strong resistance, and consider shorting near the upper resistance.
BTC trading suggestion: short at 79,088-79,400, stop at 80,666, target 77,600, with a break below to 77,63.
ETH trading suggestion: short at 2,440-2,460, stop at 2,490, target 2,385, with a break below to 2,354-2,320.