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Let's go! Tonight's life-and-death situation, Trump's final ultimatum: Iran has only 12 hours left! Will Bitcoin face life or death? Let's take a look.
1. As shown in the chart, the deadline is 8 a.m. China time on Wednesday. If Iran still does not open the strait, Trump will bomb infrastructure such as power plants and bridges, escalating the conflict further! Will he actually do it?
2. Based on Trump's past behavior, 80% of his threats are not carried out, commonly known as Taco. I checked the market sentiment on Wall Street, and most people believe Trump will soften his stance—continue to threaten but actually extend the deadline by another week or so. The market might interpret this as a positive signal and rebound slightly. But uncertainty remains high.
3. Personally, I think there's no need to bet on whether he will Taco or not. We can wait another day, and once the uncertainty clears, we can operate normally. If we ignore the news and just look at the candlestick charts, currently Bitcoin's strong resistance is around 71,500–72k, and support is around 67,000–67.5k. When the time comes, consider taking a long or short position to test for a pullback.
4. Honestly, Shuqin has to say that the market is really chaotic right now. Trump draws lines at will, and he decides the rise or fall. It's really hard to make money in this situation. Everyone has worked hard. Our recent operations should be more conservative, focusing only on major support and resistance levels. It's best to wait until the final ultimatum passes. Also, oil CLUSDT is approaching the previous high near 119, with some resistance. You can try a low-leverage position for a quick setup.
5. Yesterday, Shuqin advised everyone not to rush into long positions because it might be a trap at the top. Sure enough, it dropped again today. We shorted at 6.92 and managed to profit from the decline.
Even if you set a stop-loss at 70k, it’s a small loss overall because there is real resistance around that level. The loss isn’t much, and Shuqin has been watching the market closely for everyone. When a good opportunity arises, we’ll act immediately!