Bitcoin and Ethereum keep dropping, when will it end? Are the bulls really going to be wiped out? Long positions are trapped, is there any hope?

Overall, market sentiment remains poor, and oil prices show no signs of easing for now. Although the IEA has been releasing reserves, the escalation of the conflict prevents the market from relaxing. Oil price movements in the short term are still tied to the intensity of the conflict. However, there are news reports that the Strait of Hormuz may open conditionally, which we'll have to see next week.

From a technical perspective, we're currently at the bottom of the 4-hour chart. Any news could have a domino effect. If the strait opens and positive news is released, I believe there could be one final rally after that.

Is it really that hard for me to just catch a short at the top??? #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡