U.S.-China relations remain in a highly tense "talk while fighting" state. Military conflicts occurred overnight near the Strait of Hormuz.


The market rebounded sharply due to the stimulus, but the strength seems insufficient. It cannot reverse the downward trend. Currently, the four-hour decline has not shown signs of exhaustion, so guessing the bottom is not considered.
The market is following the scenario proposed yesterday: breaking below 2014.
But it did not rapidly reach 1933; the strength was still weaker than expected.
Today, the difficulty is not high; the key dividing line between bulls and bears is at 1999, with prices continuously under pressure in the 2017-2005 range. If it cannot break through the range and the price continues to decline below 1999, attention should be paid to a second retest of the new low or even directly reaching 1933.
The same applies to Bitcoin; the bull-bear dividing line is at 73,380, oscillating in the 73,923-73,200 range. A break below requires caution for risks.
Imagine this: if important pattern positions like 74,300 are broken, and combined with negative news, it could be a bears' day of celebration. #美伊谈判博弈 $BTC
BTC0.81%
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