How much longer can the U.S. military bombing campaign against Iran continue? Powell's remarks deal a heavy blow to the U.S. Treasury market! 3.19 Bitcoin and Ethereum trading strategy

How much longer can the U.S. military's relentless bombing of Iran continue? Top think tank experts warn: inventories have already been depleted, and the current phase of war involving direct U.S. military action will last at most a few days or weeks, and is extremely unlikely to persist longer. However, even if the U.S. stands down, Israel will not stop. Of course, Iran has no intention of backing down either. The Federal Reserve still hasn't cut rates, and the short positions from the 17th have finally reached their target. Great harvest on short orders!

Daily chart shows two consecutive red candles, with coin price closing below the 10-day moving average. Bollinger Bands are beginning to tighten. The KDJ three-line dead cross on the attached indicators is pointing downward and diverging. MACD volume continues to shrink. Overall trend is bearish, so intraday strategy remains biased toward selling on rebounds!

3.19 Short Position Strategy

Bitcoin: short on rebounds at 72700-73000. Conservative traders enter at 73500-74000, stop loss near 74600, targets around 71500-71000, if broken look toward 70500-70000, continue moving stop loss to protect profits based on situation!

Ethereum: short on rebounds at 2260-2300. Conservative traders enter around 2330-2360, stop loss near 2400, targets around 2200-2170-2150, if broken look toward 2100-2060, continue moving stop loss to protect profits based on situation!

3.19 Long Position Strategy

Bitcoin: attempt long near 70000 on pullback, stop loss near 69000, targets around 71000-71500, if broken look toward 72000-72500, continue moving stop loss to protect profits based on situation!

Ethereum: attempt long on pullback to 2040-2060, stop loss near 2000, targets around 2100-2130-2150, if broken look toward 2200-2230-2260, continue moving stop loss to protect profits based on situation!

As the Federal Reserve holds steady for the second consecutive time, Powell's statement "we won't cut rates unless we see progress on inflation cooling" has finally made traders face reality. The $31 trillion U.S. Treasury market is experiencing a sharp selloff... #Gate13周年全球庆典