The U.S. military has acted! 📉

The entire crypto market is falling, and the bears are laughing again

Just woke up in the morning, and the news exploded. The U.S. military launched a "self-defense strike" against southern Iran, with missile launch facilities and mine ships being hit. Geopolitical tensions escalated, and the crypto market responded with a decline. $BTC dropped to 76,500, $ETH broke below 2,100, $ZEC fell 7%, $bill dropped 15%, $HYPE fell 5.5%. The screen was full of red, the air force probably slept very well last night.

In fact, the technical signals had already given warnings. ETH daily chart bearish structure has not changed, always below the moving averages. The news only accelerated the decline, not changed the trend. This wave, both the news and technical analysis aligned, and the bears won without much suspense.

Now, let's see how Iran responds. Verbal protests, after market digestion, may lead to a bottoming rebound. If they really take action and the situation escalates, risk assets will continue to be under pressure. The bears won this round, but don’t get too cocky. Geopolitical changes are faster than candlestick patterns; the money made today could be lost with a single bullish candle tomorrow. Short-term bears are okay, but be cautious when chasing shorts, set proper stop-losses, and don’t hold onto positions recklessly.