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Monday, gap up and sell-off, no reason not to be short
Trump is acting crazy, and the market is fluctuating up and down. According to CCTV News, Trump has once again demanded Iran open the Strait of Hormuz, or else military strikes will be carried out. He then tweeted hinting that the deadline might be delayed. US media: The US and Iran are mediating to make a final effort for a 45-minute ceasefire.
After two days of sideways movement, Bitcoin has experienced a revenge rally, with the highest touch around 69,580 to test resistance. As long as it doesn't break through and stabilize above the 70,000 level, I won't turn around. At this position, there's no reason not to be short. The Asian trading group has already suggested shorting, adding to the short position on rebounds.
Bitcoin: Short in the 69,500-69,200 range, target 67,500. Enter lightly, reserve some position for topping up.
Ethereum: Short in the 2,135-2,170 range, target 2,020. Enter lightly, reserve some position for topping up.
Manage your position well. At this stage, shorting might result in being trapped, but not blown out. Don't chase highs, just go short.