Trump is "TACO" again, Bitcoin surged higher and got overexcited, yesterday he was calling for war and threats, today he's backing down, Iranian media directly mocked Trump as "the 38th TACO (retreat in the face of danger)". Once the news broke, oil prices plummeted, safe-haven funds shifted into cryptocurrencies, Bitcoin rose from 61k to 63.9k, and Ethereum rebounded to around 1,690. Trump's flip-flopping happens faster than flipping a book, whether the agreement is signed or not, it might change again tomorrow.


From a technical perspective, the 63,800-64,700 range is a strong selling pressure zone, having repeatedly surged and fallen back, chasing highs has low cost-effectiveness, you can consider short positions within the Bitcoin 63,800‑64,700 and Ethereum 1,685-1,715 resistance zones; if signs of stabilization appear around 61,000 below, then consider low-buying for long positions, strictly set stop-losses, and avoid emotional trading.
#我的Gate交易时刻 $BTC $ETH
BTC1.06%
ETH1.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned