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Yesterday and this morning's continuation of the rebound short idea met expectations. Holding onto this wave of Bitcoin has gained nearly 2,000 points, Ethereum nearly 100 points. Those who follow can move their stop-loss to lock in profits or take profits off the table. After all, what you have in hand is what you earn.
According to Reuters, sources say that the US and Iran have made breakthrough progress on some "tricky issues." However, Iran warns that the fate of its nuclear program is still uncertain. Moreover, both the US and Iran have publicly stated they are prepared for the worst, indicating that negotiations have not yet succeeded, so the rebound can still be ambushed!
Midnight thoughts for 4.16
Bitcoin rebound of 75-755, continue shorting, target near 74-735-73, if broken, look at 725-72, continue to move stop-loss to protect profits based on situation!
Ethereum rebound of 2330-2370, short, target near 2280-2250-2230-2200, if broken, look at 2170-2150-2120, continue to move stop-loss to protect profits based on situation!
Long positions can be entered after news of smooth US-Iran negotiations comes out. If negotiations are still not smooth, be cautious about bottom-fishing!