#BTC #ETH
The market reacted to the latest escalation of the Iran-West military conflict in an unusual way โ๏ธ๐
Several Middle Eastern countries closed their airspace โ๏ธ๐ซ
๐ Oil: initially +3% after opening, then -10%
๐ Gold also declined
๐ Risky assets โ indices and cryptocurrencies โ rose:
* Bitcoin +3% โฟ
* Ether +6% โก๏ธ
All this suggests that the market does not yet believe in further escalation.
Otherwise, we would have seen a reverse reaction in assets ๐
๐ We have to adapt as we go and work from the facts.
๐ข Yesterday, I opened a speculative long position on Bitcoin โ today there is a partial payoff.
As I said in today's video:
* An important zone for Bitcoin is 105K ๐ฅ
* For Ethereum, it is 2400 ๐ฅ
There is a lot of liquidation and liquidity concentrated there ๐ฃ๐ฐ
๐ We may trade below these levels for some time.
In case of a breakout:
๐ฏ BTC targets โ 110K
๐ฏ ETH targets โ 2700โ2800
