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The holiday is over, tonight's US-Iran negotiations, it's been a few days without updates, and it's still okay?
Bitcoin dropped below 4k, the daily chart rebounded to 74,500, is this the end of the correction this time?
In just a few days without watching the market, the structure immediately showed a V reversal, the US-Iran situation fluctuates back and forth, the script of the Trump era is clearly copied, and the conclusion is that it's better to listen less than anything else.
Nothing changes, regardless of whether the ceasefire agreement is reached or negotiations continue, the overall trend still revolves around buying high and selling low, Thursday's Federal Reserve rate cut is bearish, gold and Bitcoin are flooding out across the board, based on the current situation, there is no significant one-way movement, but the shift between bulls and bears is definitely key!
Intra-day, Bitcoin fluctuates around 64,500-64,800, rebounding to 66,000 for adding positions, with a stop at 66,300.
Ethereum ranges from 1,750-1,770, adding positions at 1,850, with a stop at 1,875.
That's all for now, stopping here. Just came back, wishing everyone smooth sailing...#美伊谈判推迟 $BTC