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$BTC
#BTCBTC
Outlook update: During last week’s live broadcast, it was mentioned that 73-74k is a spot sell-pressure range. Within that range, spot sell-pressure orders are not small, and the recent rally has also reached this range before declining. The current price is slightly below 71k!
Let’s also update the CME chart. Due to the sell-off from yesterday to early this morning, the CME has once again opened a gap. The price range is 73k-71.5k! Currently, there are four gaps on the CME for the current BTC price that need to be filled: the high-level gap at 84k-80k, the 73-71.5k gap, the 70k-69.7k gap, and the 67.5k-67k gap!
News: The US-Iran negotiations have broken down, the Strait of Hormuz has been blocked again, and the US has hinted that it will implement a comprehensive blockade targeting the Strait of Hormuz starting at 10 PM tonight!
Personal trading: The short position at 72333 is still being held. The pending order at 73888 to add to the position was not filled. The take-profit targets for the short are the two CME gap fill levels below the position. After that, I will decide whether to set up long positions based on the situation!