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This wave of Bitcoin's sudden surge in the early morning, to be honest, it's obvious to everyone—
It's another rally driven by news hype.
The news about a 45-day ceasefire between the US and Iran looks like good news,
But essentially, it's just capital exploiting the narrative to attract buyers.
Such upward movements driven by geopolitical news come quickly and go just as fast, making sustained growth unlikely.
The overall trend hasn't changed; as I always say: a rebound is an opportunity for the bears.
Pay close attention to the 69,500–70,300 range, as there's heavy selling pressure above, making it hard to stay steady.
To be straightforward:
If the deal really goes through, it's just a release of sentiment, and a big rally is unlikely to last.
If the talks break down, risk-off sentiment will rise, and high-leverage longs can be easily wiped out, causing the market to drop even further.
So don’t get caught up in the hype of this quick rally.
A surge to the top isn’t an opportunity; it’s a signal to short the market. #国际油价走高 #Circle将推出cirBTC #稳定币争议升温 #GENIUS实施规则草案发布 $BTC $GT $ETH