Gu Jingci: 4.18 Bitcoin/Ethereum still mainly expected to decline and fall

After two unsuccessful short positions on Bitcoin/Ethereum earlier, which resulted in losses and forced exit, the price again reached around 78,200 and 2,460 early this morning to enter short positions. Currently, the short positions are still being held. Every time I make a wrong judgment, my friends who follow me are very clear—they will never delete posts, and they can see that I admit my mistakes multiple times afterward. The recent market rally is mainly influenced by a series of positive news from Wang Dong, and many of these were released very suddenly, giving a feeling of deliberate timing. However, whether it’s ceasefire agreements or negotiations, the positive news has not materialized, and the market manipulators are just using this news to drive prices up and then trigger a sharp decline. Once the news materializes and the trend reverses, a major crash will also occur.

Regarding the US-Iran negotiations, I remain pessimistic. All current news suggests that a good outcome is imminent, but all of America’s recent wars in history tell me that negotiations are unlikely to go smoothly; the US’s true nature is to fight while negotiating. I am patiently holding the short positions at 98,200 and 2,460. I believe the overall space for movement will be quite large. Friends without short positions can consider adding shorts if prices rise slightly, with reference points around 77,300 to 77,600 and 2,420 to 2,430 for entry, and be prepared for a large move or waterfall decline.