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The US-Iran negotiations are escalating, with repeated back-and-forth. Just now, the Iranian meeting clearly stated its stance: if the US dares to strike, Iran will retaliate. The US still does not understand that bullying and breach of trust are no longer a "zero-cost" matter. The Strait of Hormuz can only be opened under "Iran's arrangement, not the US threat." So it is written: "If you dare to strike, I will retaliate. Stop flailing your fists in vain, or you will only sink deeper."
Bitcoin saw a slight pullback yesterday, then rose overnight, and now the price is falling again. Overall, the price is in a volatile, oscillating pattern. Therefore, do not expect a large unilateral move; maintain a high-short, low-long approach.
On the daily level, it previously formed six consecutive bullish candles, rebounding to a high of 64,700, nearly touching the upper track resistance, then reversed and fell. Now it is a three-day bearish decline, approaching the middle track support. If it breaks below the support decisively in the evening, the bearish trend may continue; otherwise, it may stop falling and reverse upward in an N-shaped pattern.
On the four-hour level, the price is holding bearish candles in the middle and lower bands, forming a low-level consolidation pattern. Whether it is accumulating strength to probe the bottom and rebound, or continuing to decline bearishly, requires observation. However, from the current overall chart, the major trend still favors buying on dips.
For intraday, it is suggested to look for long positions around 61,500-61,200, with a short-term target of 62,500. If broken, target 64,700. If that breaks, aim higher. The movement takes time to convert space; everyone needs to maintain a good mindset. #特朗普宣布美伊停火结束 #USD1链上质押享年化8.88%