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Iran's "True Promise-4" Round 49 Military Operation Launched, Crypto Prices Rebound and Pullback, Short Positions Earn Big! 3.14 BTC and ETH Evening Strategy
In the afternoon of the 14th local time, Iran launched Round 49 of the "True Promise-4" military operation against the United States and Israel. Coin prices rebounded yesterday, but BTC was blocked at the 74000 level, and ETH was blocked around 2230. The stop-loss points provided for shorting strategies were extremely precise, and this round of short positions made substantial profits!
On the daily chart, BTC closed five consecutive bull candles, but the real body of today's opening candle is extremely short with a very long upper wick, clearly indicating a rally and distribution pattern. Combined with Iran showing no intention to cease fire, tonight we maintain our rebound shorting strategy unchanged. Those holding short positions can move stops to lock in profits!
3.14 Evening Short Strategy
BTC: Rebound to 71500-72000 continue shorting, conservative traders enter around 72500-73000, stop around 74000, target 70500-70000-69000-68500, break further target 68000-67500-67000, continue moving stops to protect profits based on situation!
ETH: Rebound to 2130-2170 continue shorting, conservative traders enter around 2200, stop around 2250, target 2070-2030, break further target 2000-1950-1920, continue moving stops to protect profits based on situation!
3.14 Long Strategy
From current market conditions, BTC holding 70000 and ETH holding 2000. If the conflict escalates, there likely won't be significant rebounds in the near term. However, spot ETF market funds continue flowing in with no large outflows recently, so we can tentatively try going long. BTC attempt 69500-70000, ETH attempt 2000-2030 with small stops! Control positions reasonably according to your own holdings!
#CryptoMarketRise