Iran and Amanda reach a new understanding; go long on empties to profit while Palis stops loss—8.26 Big Pie “Aunt Lady” trading ideas
Iran’s Deputy Foreign Minister Garibabadi stated that, according to a new understanding reached between Iran and Oman regarding the Hormuz Strait shipping route, routes entering the Persian Gulf will pass through Iranian waters, while routes leaving the Persian Gulf will pass through Oman’s and Iranian waters. Any naval vessels may not pass through the strait; only merchant ships are allowed to transit. Garibabadi said that the understanding between Iran and Oman does not mean the Hormuz Strait will be opened immediately. The above transit arrangements are temporary measures, and the two countries will hold talks within the next 30 to 60 days to designate a new permanent route. Garibabadi emphasized that if Iran’s demands and conditions are not met, the Hormuz Strait will remain closed. He said that the prerequisites for reopening the strait include fully ending all hostilities—including those on the Lebanon front—lifting blockades, and properly resolving the Yemen issue. In addition, the United States must fully carry out all commitments it previously failed to fulfill. Garibabadi said the claim by the United States that it has cleared mines in the Hormuz Strait is a “propaganda lie,” and Iran will target U.S. mine-clearing vessels entering the area.
As we said yesterday: don’t panic about the Big Pie making new highs. The idea of boldly entering empty (short) positions matches expectations. Follow along to eat meat. Right now, the Big Pie can take down another 2,000–3,000 points; Ethereum can also grab nearly 100 points. If you follow along, use Palis’ stop-loss properly and see if there’s a chance to eat a big chunk of meat. If you didn’t enter, wait for another opportunity!
8.26 Short (Empty) Trading Ideas
Big Pie: On rebounds around 79,500–80,000, continue short. For more conservative traders, enter at 80,500–81,000. Defense around 82,000. Targets: near 78,500–78,000–77,500. If it breaks down: near 77,000–76,500–76,000. Continue to trail the stop-loss with Palis—adjust based on the situation!
Ethereum: On rebounds around 2,480–2,500, continue short. For more conservative traders, enter at 2,530–2,560. Defense around 2,600. Targets: near 2,450–2,430–2,400. If it breaks down: near 2,370–2,350. Continue to trail the stop-loss with Palis—adjust based on the situation!
The market has seen many pieces of news, but there’s no obvious major positive catalyst. Altcoins haven’t been following the rally of the broader market, so there’s no reason to chase upward. Plus, the situation between the U.S. and Iran hasn’t eased. “Knower” might escalate the conflict again, so only by shorting against the trend do you have a chance to eat big meat. #比特币受阻于81000美元50周均线
Iran’s Deputy Foreign Minister Garibabadi stated that, according to a new understanding reached between Iran and Oman regarding the Hormuz Strait shipping route, routes entering the Persian Gulf will pass through Iranian waters, while routes leaving the Persian Gulf will pass through Oman’s and Iranian waters. Any naval vessels may not pass through the strait; only merchant ships are allowed to transit. Garibabadi said that the understanding between Iran and Oman does not mean the Hormuz Strait will be opened immediately. The above transit arrangements are temporary measures, and the two countries will hold talks within the next 30 to 60 days to designate a new permanent route. Garibabadi emphasized that if Iran’s demands and conditions are not met, the Hormuz Strait will remain closed. He said that the prerequisites for reopening the strait include fully ending all hostilities—including those on the Lebanon front—lifting blockades, and properly resolving the Yemen issue. In addition, the United States must fully carry out all commitments it previously failed to fulfill. Garibabadi said the claim by the United States that it has cleared mines in the Hormuz Strait is a “propaganda lie,” and Iran will target U.S. mine-clearing vessels entering the area.
As we said yesterday: don’t panic about the Big Pie making new highs. The idea of boldly entering empty (short) positions matches expectations. Follow along to eat meat. Right now, the Big Pie can take down another 2,000–3,000 points; Ethereum can also grab nearly 100 points. If you follow along, use Palis’ stop-loss properly and see if there’s a chance to eat a big chunk of meat. If you didn’t enter, wait for another opportunity!
8.26 Short (Empty) Trading Ideas
Big Pie: On rebounds around 79,500–80,000, continue short. For more conservative traders, enter at 80,500–81,000. Defense around 82,000. Targets: near 78,500–78,000–77,500. If it breaks down: near 77,000–76,500–76,000. Continue to trail the stop-loss with Palis—adjust based on the situation!
Ethereum: On rebounds around 2,480–2,500, continue short. For more conservative traders, enter at 2,530–2,560. Defense around 2,600. Targets: near 2,450–2,430–2,400. If it breaks down: near 2,370–2,350. Continue to trail the stop-loss with Palis—adjust based on the situation!
The market has seen many pieces of news, but there’s no obvious major positive catalyst. Altcoins haven’t been following the rally of the broader market, so there’s no reason to chase upward. Plus, the situation between the U.S. and Iran hasn’t eased. “Knower” might escalate the conflict again, so only by shorting against the trend do you have a chance to eat big meat. #比特币受阻于81000美元50周均线
