From a technical perspective: Bitcoin has pulled back the broken trendline again. Currently facing resistance at 71,000-72,000 above. If broken through, space opens up. Ethereum shows strong momentum with the price far from the trendline. Resistance around 2,200 above. If broken through, space opens up. The 2-day line closing pattern is a K-line combination that rallied for a long time then fluctuated up and down. Generally tends to continue the uptrend. The market is mainly following Trump's statements. What Iran says has little impact on the market. Funds are more willing to cooperate with Trump's rhetoric. Regarding US stocks, I've been telling everyone: It's very difficult for US stocks to crash right now, especially at this moment. So US stocks are more likely to oscillate at high levels. It's not yet time for a US stock crash. External environment doesn't support it temporarily. This indirectly supports Bitcoin and Ethereum's performance. Detailed video analysis coming this afternoon.
Still holding longs.
From a technical perspective:
Bitcoin has pulled back the broken trendline again.
Currently facing resistance at 71,000-72,000 above.
If broken through, space opens up.
Ethereum shows strong momentum with the price far from the trendline.
Resistance around 2,200 above.
If broken through, space opens up.
The 2-day line closing pattern is a K-line combination that rallied for a long time then fluctuated up and down.
Generally tends to continue the uptrend.
The market is mainly following Trump's statements.
What Iran says has little impact on the market.
Funds are more willing to cooperate with Trump's rhetoric.
Regarding US stocks, I've been telling everyone:
It's very difficult for US stocks to crash right now, especially at this moment.
So US stocks are more likely to oscillate at high levels.
It's not yet time for a US stock crash.
External environment doesn't support it temporarily.
This indirectly supports Bitcoin and Ethereum's performance.
Detailed video analysis coming this afternoon.