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Old T is back at it again: threatening Iran "if no agreement is signed tonight, it will be blown up," while smiling and saying "I like inflation." Last night, CPI data hit 4.2%, and he's still quite happy. When tensions in the Middle East rise, the first reaction of capital is to run to gold and the US dollar, not Bitcoin. Now, when Bitcoin drops, the US stock market drops with it; when the US stock market rises, Bitcoin only rises slightly, showing very weak strength.
Outside, there are threats of war and rising oil prices, and global stock markets have already fallen to their lowest levels in a month. In this environment, it's very difficult for Bitcoin to break out and strengthen independently.
Trading reminder: Watch more, act less, don't rush to buy the dip, sell on resistance during rebounds, set stop-losses lightly, and stay cautious.
#我的Gate交易时刻 $BTC $ETH