$ETH Midday Trading Analysis!!!

The afternoon market just experienced a rebound, but it was immediately dampened by this sudden news! The Iranian officials explicitly denied negotiations with Palestine, which directly kills the expectations of easing tensions in the Middle East. The geopolitical risk aversion fantasy is completely shattered, and the rhythm of the crypto market instantly shifted from a relatively strong stance to a weak struggle. The second coin's high-level rally lost momentum, and the bulls' continuation was severely lacking. The news directly suppressed the bulls' ability to rebound. On the 15-minute and hourly charts, long upper shadows repeatedly appeared, with selling pressure above continuously increasing, and upward momentum gradually weakening. Funds generally dare not chase high, taking profits in batches during the rebound and exiting the market. The bulls' support continues to weaken, so do not rush to bottom fish. Operate with a bearish bias, sell on rebounds at high points, and strictly control risks. #GatePreIPOs首发SpaceX #Gate13周年现场直击