✨An An’s perspective analysis is here!

The news about the U.S.-Iran agreement looks like a positive, but in fact hides concerns.

Behind the sharp drop in oil prices is the rapid unwinding of the geopolitical risk premium. As risk-hedging sentiment cools, it also means inflation is easing and expectations for Federal Reserve rate cuts are being tempered. For Bitcoin, this is not long-term support.

The current rebound is driven more by short-term sentiment. There are still uncertainties before the agreement is finalized. If expectations fall short, the sentiment reversal could happen even faster. Also, weakness in crude oil will drag down energy-related assets, making it difficult for the market’s overall risk appetite to remain sustainable.

At the moment, there is heavy sell pressure overhead on the chart, and capital is not strong enough to absorb it. Chasing at high levels is extremely risky. Personally, An An is more inclined to watch and wait. After this wave of positive news is realized, it’s not out of the question that it could mark the beginning of a new round of decline. $BTC $ETH $DOGE #Gate广场五月交易分享 #BTC回调