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Saturday, the rebound is a trap to lure more buyers; when the market opens next week, there may be a sharp drop.
Trump has issued another 48-hour final ultimatum to Iran. If Iran does not open the Strait of Hormuz, then the United States will strike Iran again. Judging by the timing, this would be when the market opens next Monday—another round of plunge trading is likely.
Currently, Bitcoin has rebounded to around 67,500. It’s not recommended to chase the price higher. During the US stock market holiday, besides crypto rising against the trend, all other financial products are completely halted. This kind of phenomenon is very strange; it feels like there is an attempt to pump the price up early before distributing/disposing of holdings.
For BTC, consider shorting directly in the 68,000–67,500 area. Reserve some position(s) to add near the previous high of 69,500. The initial target is 65,000. If it breaks down, look lower to 62,500. For Ethereum, follow the same thinking and short in the 2,085–2,100 area. The target is below 19500¹928374656574839201.