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Bull markets don't make you complacent, bear markets don't panic you, sideways movement doesn't frustrate you—living longer matters more than making money fast.
Bitcoin's lowest point today in the afternoon touched 67456, then suddenly surged at 7 PM to today's high of 71468. Ethereum's afternoon low of 2039 also suddenly surged to 2199.
The current market movement is merely a news-driven rebound, not a trend reversal. The overall trading strategy remains focused on shorting at highs. Evening geopolitical news briefly signaled easing, pushing gold and silver higher while BTC rallied nearly 3000 points in the short term. Subsequently, Iran denied the relevant communications, the bullish case was disproven, prices pulled back from the highs, and returned near the 70000 level. The weak pattern remains unchanged. The daily timeframe is still in a wave correction structure, and this round of gains is purely driven by news without a reversal foundation. There is obvious overhead resistance in the short term, with the hourly chart showing a long upper shadow. Rebound momentum is insufficient—avoid blindly chasing highs.
Evening Trading Suggestions
Bitcoin: Short near 71200, target 70000#特朗普向伊朗发出48小时最后通牒
Ethereum: Short near 2180, target 2090