Iran has announced plans to completely blockade the Strait of Hormuz
BTC dropped below 70k and has now rebounded back to 70k 65000 is the core strong support for this round of rebound It is both the earlier rising point and an area of concentrated institutional positions If this wave can hold support there will still be a decent rebound Personally, I believe the major trend will see another decline with the bottom appearing later It depends on when 65k support is broken through The current overall market rhythm is still characterized by range-bound consolidation Trading suggestions: Bitcoin 74k-75k sell in batches 65k-66k buy in batches
Iran has announced plans to completely blockade the Strait of Hormuz
BTC dropped below 70k and has now rebounded back to 70k
65000 is the core strong support for this round of rebound
It is both the earlier rising point
and an area of concentrated institutional positions
If this wave can hold support
there will still be a decent rebound
Personally, I believe the major trend will see another decline
with the bottom appearing later
It depends on when 65k support is broken through
The current overall market rhythm is still characterized by range-bound consolidation
Trading suggestions:
Bitcoin 74k-75k sell in batches
65k-66k buy in batches