How should we play in this market now??
Last night, the negotiations between Europe and Iran broke down. The market initially thought that Iran would abandon its nuclear program, but after negotiations with the UK, France, and Germany, Iran stated that it is unwilling to give up uranium enrichment🤯! 【This indicates that both sides still have battles to fight】
Currently, both the Israel-Iran situation and the Russia-Ukraine situation are unstable, leading to a stagnant market.
The unresolved tariff dispute with the understanding king may trigger new shocks in the coming weeks. Additionally, Israel's attacks on Iran are expected to continue for at least 2 weeks.
Last night, I made a long position near 2500 with $ETH . This really was an impressive washout. I have four phones, and the market quickly spiked; 2 of them managed to withstand the losses, while 2 others blew up, resulting in significant losses for my brothers. Ethereum's 24H long position exploded with a loss of 420 million USD【Cleaning up the chips】. Now the market has come to the weekend, and it is moving relatively slowly.
But brothers, don’t lose heart. After we get through this phase of severe conflict and the Iran issue is resolved, BTC is likely to break new highs.
This recent dip actually provided us with a good opportunity to accumulate spot positions. I personally recommend: $UNI , $PNUT 【The squirrel is very likely to start up】
