Trader Eugene Ng Ah Sio posted on his personal channel, saying, "I'm taking a fairly aggressive long position here, including Bitcoin and some altcoins. I believe that the U.S. airstrikes earlier today, combined with the closure of the Strait of Hormuz, have dealt a series of blows to early bulls and have been enough to shake out weak hands. Now is the time to 'buy the dip.' If the market gaps down directly to $95,000, then all I can say is 'good night,' but this is the bulls' last stand, and I'm already in position."