# Live Stream Summary



At 8:49 PM, Israel publicly announced that the war against Iran will last at least three weeks or more. In the short term, there was a 1% fluctuation downward, lasting 45 minutes, with the main impact being the Nasdaq's decline indirectly causing a drop in the crypto market.

From my personal view, regarding the ongoing war with Iran, the market should have already anticipated this—it's not a sudden piece of news. I don't think the decline will be significant. The main focus now is on observing how Nasdaq performs as we approach Monday's Asian and US trading sessions. Currently, I am not considering shorting.

A more imminent bearish factor is that the Federal Reserve is very likely not to cut interest rates on March 19. This is not only my opinion but also what the macro market generally believes. The recent upward movement has mainly been driven by buying from MicroStrategy. My plan is to wait until MicroStrategy completes their buying before initiating shorts—that would be the best timing.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin