Bitcoin long-term short target still at the 6-digit level! Maintain a high short position during rebounds

1. Core geopolitical risk, the Iranian Ministry of Foreign Affairs said that the U.S. violated the ceasefire agreement, an attack occurred near Abas Port in Hormozgan Province, the regional situation heats up again. The escalation of Middle East conflict directly boosts market risk aversion sentiment, Bitcoin shows a typical "risk asset" reaction, funds rapidly flow out, triggering selling pressure. If the conflict further expands, it will affect global liquidity through oil prices and inflation expectations, causing continuous disturbance to the highly volatile crypto market. Bitcoin has a high probability of reaching the 6-digit level in the coming days.

2. Currently near the middle of the recent oscillation range. Rebound lacks volume support, sustainability is doubtful. After rebounding from the low of 742 on the 1-hour cycle, it faced resistance at 781 and pulled back, currently in a second test of support during a consolidation phase, with no clear direction before breaking the range.

First resistance: 778-782
Second resistance: 785
First support: 764-762
Second support: 750

Trading suggestions
Bitcoin rebounds in the 778-782 range, lightly short with targets at 765-738
Altcoin rebounds in the 2125-2150 range, lightly short with targets at 2100-2060
#股票交易挑战最高赢17000U