The market keeps tugging back and forth between bulls and bears, and BTC bulls are waiting patiently for favorable news to trigger a move!

At the moment, the market is caught in a standoff between bulls and bears, with prices oscillating repeatedly. The favorable support conditions at this stage are clear: international oil prices have been gradually falling from high levels, and market worries about malignant inflation have eased accordingly; after the U.S. Dollar Index touched a six-week high, its rally has stalled and it has turned to downward pressure; the U.S. Treasury yields that previously surged sharply are also seeing a technical pullback. Combined with uncertainties in negotiations over the Middle East geopolitical situation, multiple positive factors work together, enabling BTC to stabilize within a lower trading range for now, and the market remains relatively steady temporarily.

However, the suppression brought by the bears should not be underestimated. The Federal Reserve rate-hike expectations continue to heat up, and the overall uptrend of the U.S. dollar has not been reversed. In addition, with the global economy overall weakening and the U.S. economy showing relatively greater resilience, BTC’s upside room is further limited. The price action over the next several days to several weeks is crucial—it will determine the direction of subsequent price movement.

Besides that, the Federal Reserve’s newly appointed chairman, Vaš, officially took office today and any policy tilt that follows may become a potential key factor affecting the market trend, so it needs to be continuously monitored and followed.

BTC trading recommendation: go long 74700-75200, defend 800 points, target 768 breakthrough to see 776-784.

ETH trading recommendation: go long 2050-2065, defend 2006, target 2120-2167-2190$BTC ‌$ETH ‌#特朗普称美伊正敲定协议细节