Geopolitical news brings a ceasefire between the US and Iran; the main players seize the opportunity to hype and enter the market, once again using the same message-driven manipulation scheme that the market has long been familiar with. Even though most people are well aware of it, they still have little power to resist. In the early trading session, price action broke away from its technical structure and surged higher, pushing up with increased volume and probing for highs; it completely departed from the technical structure on the chart, and the market briefly recovered to around 72,700. However, Bitcoin is currently in a pullback and indicator correction phase, and the market is currently in a correction after probing higher. Although the bulls are still in a strong phase, the overbought condition indicated by the indicators is also present, leaving room for adjustment. With this kind of market structure, the focus should still be on whether Bitcoin can further hold the 72,000 level and turn into a bull-led surge.



In the short term, look at the 71,000 level to set up a short-term long, aiming higher toward the upside; for now, attention remains on the 72,000 area above. For Ethereum, as long as the 2,200 level does not break, a pullback will likely not be too strong. In terms of execution, follow Bitcoin and attempt short-term longs. #加密市场行情震荡 $BTC $ETH
BTC4.51%
ETH7.15%
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