Trump announced a ceasefire in the Middle East, and Bitcoin rebounded from around 105,000 when it attacked on June 13, recovering losses, and once surged to 106,074, while the price of Ethereum rose to 2,408, increasing 9% in the past day. Solana increased by 11% on the same day, Dogecoin rose 10%, and Ripple rose 9%, but many holders have already incurred losses...
Trump came to make money as soon as he took office, shorting oil, arranging for his family fund to buy the dip in US stocks, and when he has enough chips, he starts playing the ceasefire script! Playing with coins is all about emotion and logic. Yesterday everyone was shorting; the exchanges 'turned around to harvest' will make it that easy for you to short?
Bitcoin (BTC)
BTC's price quickly bounced back due to news reasons. As Iran and Israel announced support for the conflict, the price began to accelerate upward. As of now, the price has risen above 105,000, but this wave has moved a bit quickly, so it may pull back after touching the resistance line. Additionally, there may be unexpected news, including although the war has temporarily ceased, Trump might stir things up again, such as tariffs, etc. The biggest beneficiary of this wave is undoubtedly Trump. So based on the chart, pay attention to the area around 106,000 above, which is also a resistance line. The smaller levels suggest a slightly higher point, so if a shooting star appears at this position, I will consider entering short to catch a pullback, with the pullback low expected around 103,000, which is about two to three thousand points profit!
Ethereum (ETH) The Eth pattern is clearer, and from the 30-minute chart, it shows a head and shoulders bottom pattern. Last night, a spike completed the right shoulder pullback, and then it started to accelerate upwards. The price has broken through the neckline position, but it is about to hit the resistance line, which is also the starting point, and at the same time, it is the support line that has transformed from the oscillation range support line. So here is the first resistance line at 2445u, the second resistance line is at 2550u. This wave has rebounded quite a bit, and the probability of breaking the second one directly is still relatively low. The news has already been released, so I am preparing to short at the first resistance line position, which is also the v-shaped reversal neckline position, with strong selling pressure. I will try to short here; if the situation is not right, I will withdraw immediately!
Due to the large accumulation of short sellers during the previous decline, the price has returned to the surface again. The article from the day before yesterday (A Huge Bearish Signal in the Crypto World! Wall Street's Billion-Dollar Giants Short Bitcoin, Will It Drop to Eighty Thousand? Musk Is About to Make a Big Move! Huge Bullish Signal for Dogecoin! Institutions Are Laying Out a Super Cycle, When Can We Buy the Dip?) reported that Dogecoin (DOG) long positions achieved a perfect return of 433%, and long positions continue to be held. I believe that Musk, who has jumped out of the White House and is reborn, will bring different surprises!
Today's market has seen dramatic fluctuations, with both long and short positions exploding. The core driver behind this may not be the surface-level geopolitical news, but rather the market's rapid repricing of oil price trends—especially the sudden rise in expectations of the risk of the Strait of Hormuz being closed.
Don't forget, news rises and falls, it is always just a short-term catalyst.
The true players in the market are often those 'dog owners' you can't see—targeting your contracts and then leaving with your capital. Today, there are expectations of 'interest rate cuts imminent' and 'ceasefire agreements' coming out, with mixed long and short news, which has instead become the best soil for harvesting.
From the chart, Bitcoin has experienced a technical pullback of about 10% at a stage high, which is a healthy adjustment. The overall bullish market structure remains solid; however, Ethereum's relative weakness and the overall malaise of altcoins have indeed shaken the confidence of many.
But in fact, there is only one thing that is certain in the market: interest rate cuts will definitely come, and the dollar will definitely fall.
And when that moment truly arrives, the market will reignite. Opportunities will not appear during market frenzy but will only be left for those who can take action calmly during panic.
On-chain
$BaoBao who isn't a baby. Directly call 4-5 times in the group. Basically, it is a careful selection of narrative, technical, and mystical factors. A friendly reminder, this is just the first k-line pulled up in one day; it might be worth giving some space for imagination later.
$LABUBU top trading, there are no options but to rise!
