Big pie — this move is directly pulling to 78,000. There are only a few core things behind this rally:



The Middle East situation is easing, ETF funds keep flowing in, and after breaking through a key level, short liquidations and forced covering by the shorts push the market up directly.

However, the short-term is now severely overbought. The resistance above at 78,500-80,000 is very heavy. If you try to push higher, that’s a high-risk zone—chasing longs will easily get you hit with a falling knife.

Be steady and wait for a pullback. You can try shorting near the resistance area, but be sure to set your stop-losses and don’t let your emotions get you off course$BTC #美伊二轮谈判进展
BTC2.15%
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