The King of Understanding is exaggerating to find an excuse for the next round of attacks! 2.28 Bitcoin's "Mistress" Trading Strategy

The King of Understanding claimed in the State of the Union address that Iran's missiles could "soon" reach the United States, attempting to hype up a possible military strike. However, multiple informed sources revealed that this statement is not only lacking intelligence support but also seems exaggerated. Yesterday's bearish outlook was in line with expectations; this wave of short positions could net 2,000 to 3,000 points on Bitcoin, dozens of points on Ethereum—follow along and take profits!

The daily chart for Bitcoin closed lower again, but the downward candle isn't long. The price retraced and was blocked by the lower Bollinger Band, operating above the lower band. The three lines of the KDJ indicator are high and turning downward, while the MACD lines are slowly moving upward. The bearish momentum has slowed, possibly due to Iran's unstable situation, and the bulls are also lacking strength. Weekend volatility is expected to be limited; focus on international developments!

2.28 Long Position Strategy

Bitcoin retraced to 64,500-65,000, with a support around 64,000. Target around 66,000-66,500-67,000. If broken, look for 67,500-68,000-68,500-69,000. Continue moving stop-loss to lock in profits based on market conditions!

Ethereum retraced to 1,860-1,900, with support around 1,820. Target around 1,930-1,950-1,980. If broken, look for 2,000-2,040-2,080-2,100. Continue moving stop-loss to lock in profits based on market conditions!

2.28 Short Position Strategy:

Bitcoin rebounded from 70,000-70,500, short near 71,500. Target around 69,000-68,500-68,000. If broken, look for 67,500-67,000-66,500-66,000. Continue moving stop-loss to lock in profits based on market conditions!

Ethereum rebounded from 2,080-2,100, short near 2,150. Target around 2,030-2,000-1,960. If broken, look for 1,930-1,900. Continue moving stop-loss to lock in profits based on market conditions!

This recent decline has been consolidating at low levels for over a month, with many altcoins falling to new lows. Although there are no positive signals in the market right now, many altcoins have already bottomed out and rebounded significantly. Consider going long at low levels, and if the opportunity arises, hold for a long-term position. Be patient and wait for positive catalysts!#当前行情抄底还是观望？