Brothers, I’m dumbfounded—I almost choked on my food! Last night I just shouted “Bull is back, return fast,” and today as Asia-Pacific opened, Bitcoin$BTC ‌

went straight into a high dive performance for me, breaking below 63.0k and dropping to a low near 62800.

Ethereum$ETH ‌
is even worse: it leaked down from 1833 all the way to 1760, with RSI directly slamming to 25—oversold within oversold. The brothers who tried to buy the dip are once again left hanging on the tree.

Gold$XAU ‌
couldn’t escape either. It fell from above 4200 and is now quoted near 4126. Even safe-haven assets are all dropping.

On the surface, this wave of decline looks like Asia-Pacific stocks have crashed—the Nikkei is down close to 8%, and Hang Seng is down more than 12%—but the deeper reason is that geopolitics is starting trouble again!

The Iranian Foreign Minister said this afternoon: If the threats continue, the final agreement negotiations will not be launched.

It’s only been a few days since the U.S. and Iran just signed a Memorandum of Understanding, and it’s already been stuck again. An oil tanker in the Strait of Hormuz was attacked, and market sentiment was immediately doused with a bucket of cold water.

In other words, while U.S. stocks are still partying, Asia-Pacific is already worrying that the Middle East is about to kick off another round of fighting.

Back to the market: Bitcoin is now at the critical level around 63300. If it holds, it can go back up to test 64400;

if it doesn’t hold, the support zone below is 62800–63000. Don’t rush to buy the dip here—wait for signals that the market has stabilized before making a move.

Remember, this kind of news-driven selloff comes fast and leaves just as fast—but the premise is that you have to have ammunition left to wait for the rebound.

Do you think this move is a “golden pit” or a continuation of the downtrend? Comment below👇
#GT二季度销毁257万枚