As mentioned in yesterday's post, from my perspective, the Iran war will definitely escalate, and the future situation will definitely change. Anytime the price #BTC retraces is a good entry point for long-term short positions.
1. The best scenario for the Short side would be for Iran and its allies not to back down, launching a strong counterattack that forces the US, Israel, and NATO to deploy troops to suppress Iran. Russia and China could take advantage of NATO's distraction to accelerate in Ukraine and Taiwan.
2. The best scenario for the Long side is for Iran to raise the white flag and sign a nuclear agreement with the US as soon as possible. This scenario is quite unlikely to happen because it seems the US and Israel want to fragment Iran rather than just attack its nuclear facilities.
People may have different viewpoints that the Middle East fighting all day long is not a big deal. However, the current moves by the US and Israel show that they want to completely eliminate their opposition. They have already pushed Russia out of Syria. Next, the entire Middle East needs to return to US control. If oil prices rise again, China will find it very difficult because they need a lot of oil for production. The economy is already struggling, and with oil prices being forced down, China will almost be paralyzed. The US always has strategic and precise moves, just like how Israel finds the right command room in Iran to drop bombs 🤣🤣 #IsraelIranWar
#IsraelIranConflict The war between Israel and Iran is very likely to escalate into a prolonged conflict. On one side are the Jews, obsessed with the fear of ethnic annihilation, with significant potential supported by the U.S. On the other side are the Islamic warriors who have always sworn to never coexist with the Jews. Iran is currently facing an economic crisis; however, with a vast country, many people, and abundant resources, it can still fight for the long term. If Iran does not negotiate and is determined to fight to the end, it will create extremely large economic risks.
Yesterday I was down 100U, but today I'm up 12U. It really is about holding on :))) Thank you to everyone who advised me to hold on yesterday! According to everyone, how much will it drop this time? Will it test 100k again?
Entered a short position but too much good news came out. There is a high chance that $BTC will rise strongly this week. I guess I have to close this position to find another opportunity. What do you all think? #MarketRebound