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Monday news is flying everywhere, how to operate in the evening?
The rebound is not a reversal, strategically still favoring shorting at higher levels. In the evening, the yellow-haired one paused strikes on Iran, with both sides entering negotiation stages. Triggered by this, gold and silver rallied in the short term, and BTC even surged 3000 points at one point. However, the Iranian side subsequently denied communication, the positive news was debunked, prices pulled back from highs, and fell back near 70000, with the overall weak pattern unchanged.
The daily chart is still in a wave correction structure, with the rebound only driven by news sentiment and has not formed a trend reversal. Short-term upside faces obvious resistance, with the hourly chart showing long upper wicks and insufficient rebound momentum.
Personally, I believe the USD should rise first then fall. BTC can enter short positions around 712-15, targeting 695-686-675$BTC $GT $SOL #Gate13周年全球庆典 #中东局势引发全球市场暴跌 #OpenAI拟推出桌面超级应用