Short positions are still holding, and moving stop-loss on longs is very unfortunate! Thoughts for the evening of 4.6

There's nothing much to say, hold on! Set a stop-loss at 70500/2180. Today is the last day of the Qingming holiday, taking the kids out, so I haven't paid much attention to the market.

Here's a summary of today's news:

The US, Iran, and a regional mediating group are discussing a potential 45-day ceasefire agreement, which could ultimately end the war. Sources say that reaching a partial agreement within the next 48 hours is unlikely, but this final effort is the only chance to prevent a sharp escalation of the conflict. The 10-day deadline set by the yellow-haired person for Iran was originally due on Monday night. However, Trump extended the deadline by 20 hours on Sunday and posted a new cutoff time on his social media "Truth Social": Tuesday night at 8 PM Eastern Time.

Crypto prices rebounded strongly today. Bitcoin broke above 70k and then retraced, while Ethereum also rebounded to a high of 2173 before pulling back slightly. The daily chart closed with a large bullish candle in the morning, and the intraday trend continues to be bullish. Currently, prices are pulling back after a rally, and four-hour indicators show signs of a potential reversal.

It seems that Conan believes negotiations are unlikely to go smoothly. Whether the yellow-haired person will gamble everything is uncertain. But if Iran fears the yellow-haired person, negotiations would have succeeded long ago. Yet, they keep refusing to step down despite multiple attempts to give them an exit. Moreover, the rumors claiming negotiations are smooth are becoming increasingly extreme, so the bearish outlook remains unchanged for tonight!

Thoughts for the evening of 4.6:

Continue shorting Bitcoin at the current price of 69,500-70k, add to positions at 70,500-71,000, with stops above 72,000. Target around 68,000-67,500-67,000; if broken, look at 66,500-66,000, and move stop-loss accordingly based on market conditions!

Short Ethereum at the current price of 2150-2180, add at 2200-2220, with stops above 2250. Target around 2100-2070-2050; if broken, look at 2030-2000, and move stop-loss accordingly based on market conditions!

Currently, the lows are moving higher. Technically, you can consider going long near the lows. For Bitcoin, consider entering around 65,000-65,500; for Ethereum, around 1980-2010. Use small stop-losses to try, and gradually move stop-loss as the price rises! #Gate广场四月发帖挑战