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Bitcoin rebound or shorting? Current short position at 63200.

2026-06-19 14:39:43
Shareshare
Today, the Dragon Boat Festival coincides with Juneteenth in the US, so US stock markets are closed. The biggest uncertainty right now is the progress of the US-Iran negotiations. The game between the two sides is disgusting, with a flood of fake news. Tomorrow is the weekend, so market volatility is expected to be low. From a technical perspective and given the Fed's hawkish stance, cryptocurrencies continue to be under pressure. Therefore, our strategy is primarily short positions. Bitcoin is currently around 63200; consider entering a short position. Add to the short position on any rebound to around 64000, with a stop-loss at 64500 and a target around 61000. Simultaneously, short ETH above 1700, with a stop-loss at 1750 and a target of 1650. If it breaks below 1650, look towards 1600. For further discussion, see my profile for details and join my group. I will provide timely price orders. Many exchange products are available now, including US stocks, commodities, options, etc., offering excellent flexibility. Feel free to contact me.
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