Iran and the U.S. have agreed to a two-week ceasefire, but subsequent negotiations are unlikely to succeed if neither side makes concessions!

April 8th Bitcoin Auntie's Trading Strategy

The ceasefire lasts for two weeks, and then U.S.-Iran negotiations will begin on the 10th in Islamabad. Although the core points of Iran’s ten-point plan have already been received by the yellow-haired person, based on current information, if neither side makes concessions, it’s very unlikely that these conditions will be met. Let’s see if both sides will make compromises and reach an agreement in the next two weeks! I mentioned earlier that if negotiations go smoothly, the price will skyrocket. Although it’s currently a two-week ceasefire, the price has already broken through previous highs. Today I didn’t chase a short position; instead, I shorted before receiving any official statement from Iran and have already cut my losses regretfully!

Yesterday’s technical doji also showed some strength, allowing us to gain nearly 100 points on Ethereum and over 2,000 points on Bitcoin, but it’s clear that the downward momentum has slowed. Tonight, I added a position on Ethereum, holding until midnight, but was swept out with a break-even stop-loss—so frustrating! Currently, the bulls are a bit exhausted, and after a rapid rise in a short period, a technical pullback is needed, so I’m expecting a retracement today!

April 8th Short Position Strategy

Short Bitcoin at 72,000-72,500 on rebound, with a stop around 73,500. Target around 71,000-70,500-70k. If broken, look at 69,500-69,000, and continue adjusting stop-loss to lock in profits based on the situation!

Short Ethereum at 2,240-2,270 on rebound, with a conservative entry near 2,300, stop around 2,350. Target around 2,200-2,170-2,150. If broken, look at 2,130-2,100, and continue adjusting stop-loss to lock in profits based on the situation!

April 8th Long Position Strategy

Buy Bitcoin at 68,500-69,000 on pullback, with a stop around 67,500. Target around 70k-70,500-71,000. If broken, look at 71,500-72,000-72,500, and continue adjusting stop-loss to lock in profits based on the situation!

Buy Ethereum at 2,070-2,100 on pullback, with a stop around 2,040. Target around 2,150-2,180-2,200. If broken, look at 2,230-2,270-2,300, and continue adjusting stop-loss to lock in profits based on the situation!

Iran has not shown any signs of softening, and the exact situation remains unclear. The U.S.’s tough stance has somewhat eased, but the American public still opposes compensation matters. Currently, reconciliation seems difficult. Everyone should be cautious and avoid blindly chasing the rise—if you chase to the top, it will be very painful! #加密市场行情震荡