UAE announces a suspension of trade with Iran, and short positions should be patient and “eat the meat”! 8.19 big cake—eth uncle’s thoughts
The UAE announced unilaterally that it would suspend all trade, commercial dealings, and financial transactions with Iran after detecting two ballistic missiles launched from the direction of Iran. Iran denies the attack and says the relevant accusations are “unfounded.” Just as relations between the two countries had eased slightly, tensions have flared up again. After the coin price rose yesterday, it has been moving sideways with only minor fluctuations, basically showing no action. The short position that was entered again after taking the breakeven on shorts is currently still being held; just be patient and hold it!
On the daily chart, big cake and eth have two consecutive green days, but this morning’s close formed a doji with clearly insufficient upside momentum. In such a tense situation between the US and Iran, shorting on the rebound is undoubtedly the best choice, so go ahead and short boldly!
8.19 short ideas:
Big cake at 64500-65000 continue to short. For more steady traders, enter at 65500-66000. Place defense around 66500. Targets are 63500-63000-62500. If it breaks down, watch 62000-61500-61000. After the breakdown, keep adjusting the stop-loss to protect profits as appropriate!
Ethereum at 1910-1920 continue to short. For more steady traders, enter at 1940-1970. Place defense around 2000. Targets are 1850-1820. If it breaks down, watch 1800-1770-1750. After the breakdown, keep adjusting the stop-loss to protect profits as appropriate!
8.19 long ideas
Big cake: pull back to 60000-60500 to buy one. Place defense at 69500. Targets are around 61500-62000. If it breaks down, watch 63000-63500. After the breakdown, keep adjusting the stop-loss to protect profits as appropriate!
Ethereum: pull back to 1750-1780 to buy one. Place defense around 1720. Targets are around 1800-1830-1850. If it breaks down, watch 1870-1890-1910. After the breakdown, keep adjusting the stop-loss to protect profits as appropriate!
This week’s spot ETF is still showing net inflows, but it hasn’t boosted the price much. Clearly, after the US-Iran public statements, market panic is what’s weighing down prices. In this kind of situation, expecting a big rebound is no different from daydreaming—so just be patient with the shorts and wait to “eat the meat”! #比特币永续合约资金费率创20个月新高
The UAE announced unilaterally that it would suspend all trade, commercial dealings, and financial transactions with Iran after detecting two ballistic missiles launched from the direction of Iran. Iran denies the attack and says the relevant accusations are “unfounded.” Just as relations between the two countries had eased slightly, tensions have flared up again. After the coin price rose yesterday, it has been moving sideways with only minor fluctuations, basically showing no action. The short position that was entered again after taking the breakeven on shorts is currently still being held; just be patient and hold it!
On the daily chart, big cake and eth have two consecutive green days, but this morning’s close formed a doji with clearly insufficient upside momentum. In such a tense situation between the US and Iran, shorting on the rebound is undoubtedly the best choice, so go ahead and short boldly!
8.19 short ideas:
Big cake at 64500-65000 continue to short. For more steady traders, enter at 65500-66000. Place defense around 66500. Targets are 63500-63000-62500. If it breaks down, watch 62000-61500-61000. After the breakdown, keep adjusting the stop-loss to protect profits as appropriate!
Ethereum at 1910-1920 continue to short. For more steady traders, enter at 1940-1970. Place defense around 2000. Targets are 1850-1820. If it breaks down, watch 1800-1770-1750. After the breakdown, keep adjusting the stop-loss to protect profits as appropriate!
8.19 long ideas
Big cake: pull back to 60000-60500 to buy one. Place defense at 69500. Targets are around 61500-62000. If it breaks down, watch 63000-63500. After the breakdown, keep adjusting the stop-loss to protect profits as appropriate!
Ethereum: pull back to 1750-1780 to buy one. Place defense around 1720. Targets are around 1800-1830-1850. If it breaks down, watch 1870-1890-1910. After the breakdown, keep adjusting the stop-loss to protect profits as appropriate!
This week’s spot ETF is still showing net inflows, but it hasn’t boosted the price much. Clearly, after the US-Iran public statements, market panic is what’s weighing down prices. In this kind of situation, expecting a big rebound is no different from daydreaming—so just be patient with the shorts and wait to “eat the meat”! #比特币永续合约资金费率创20个月新高
