Last night, Iran suddenly announced a ceasefire, and all the short positions I opened earlier are trapped!
This is clearly a scheme by capitalists and politicians to harvest retail investors; the politicians act more fake than Oscar-winning actors. Take Trump, for example; this old guy actually cleared 120 million dollars in debt for Trump Tower while he was president. How did he manage that? The crypto world has been funding him for the past few months! He strategically set up for both long and short harvesting, and by manipulating the market with calls, the retail investors are queuing up to hand over their money.
Looking at the 11-day war between Iran and Israel, all three countries claim to have won, but who really lost? We retail investors are the losers. They are actually throwing bombs, yet Iran's uranium enrichment facilities have already been relocated, and Khamenei remains firmly in control. Trump doesn’t care about human rights or democracy; in his eyes, it’s all about making money. With the Pacific Ocean separating them, the US continues its song and dance while other countries’ survival is none of his concern.
These past two days, Powell has been answering questions in Congress, and the Federal Reserve is completely ignoring Trump’s ramblings about interest rate cuts. If the Fed were to actually listen to him, this old guy could turn the whole world upside down. Rate cuts in July? Dream on!
From a technical perspective, Bitcoin's daily indicators suggest a potential increase, but 106,800 dollars is a critical level. A breakthrough could push it to 109,500, but it’s likely a false breakout. Chasing highs now is akin to self-destruction; avoid spot trading, and shorting on a rebound is safer; even if temporarily trapped, it will eventually resolve.
The four-hour chart shows that the rebound volume is already weak, and the upward technical indicators signal a trap for longs; it is advisable to short around 106,800, with a stop loss at 107,800 and a take profit target of 103,000.
The US stock market has risen for 13 consecutive weeks and is now approaching the historical high of 20,000 points, which could reverse at any moment. Don’t chase the highs! Quickly secure your spot holdings and patiently wait for a correction.
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