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The situation between the US and Iran remains complex and unpredictable. Should we go long or short now?
Trump said in an interview on the afternoon of the 11th that negotiations might reach an agreement or might not, but he feels it makes little difference, and he started to say some ambiguous words. The market is being played with, and this morning's failed negotiations sent a bearish signal, causing a sharp drop in the crypto market to shake out traders, giving friends who were caught in short positions earlier a chance to exit.
This failure to reach an agreement this time doesn't mean future negotiations won't succeed; as long as there's room to talk, it's not too bad. So, we just wait for the final result to be confirmed. Currently, both long and short sides have roughly the same win rate.
From a technical perspective, the market has already plunged in the early session. I ask you: at this bottom, are you going to chase the short? Better to miss out than to make a mistake.
In the early session, the strategy was to go long on Bitcoin at 71,300-71,400. The slight pullback in the afternoon just reached that level. Currently, there are small profits, and the market is almost sideways.
To help those who need confidence and those holding positions or struggling with their trades, let's first take this rebound and then readjust. If you have open positions or are not good at trading, you can come find me. Reach out, and I’ll give you a hand. #Gate现货衍生品双双冲进全球前三