The market sentiment has remained in panic for a long time, so the market has been declining for too long. Now the market is gradually digesting it, and small frictions like the US and Iran fighting back and forth have less impact on the market. As long as the conflict does not escalate, it will be difficult for the bears to exert downward pressure. And when the US and Iran temporarily cease hostilities in the early morning, it also releases a positive signal. The bulls then volume surged, breaking through the 63,000 level and reaching around 63,500. The auntie also followed suit, approaching the 1,700 resistance level. Our intraday idea of a rebound breakthrough has also been achieved, and short-term bulls can first take a break.

In the early morning, the short-term bulls still look relatively strong, with a chance to stabilize around 63,500 and break through the 64,000 level, which can be followed up lightly. The auntie continues to maintain a bullish outlook towards 1,700. $ETH #我的Gate交易时刻 $BTC