Greenland reaches an agreement, tariffs will not take effect, gold has retraced over 100 points from its high, and Bitcoin has also rebounded strongly from around 87,200. Additionally, the 4-hour technical chart shows a slowdown in the downtrend.
The support level at 88,000 has been tested multiple times without a substantial break. Overall, Bitcoin's resilience is stronger than Ethereum's, which is why today remains bullish. The bullish stance is only for short-term waves and does not indicate a trend reversal.
For the US session, continue to favor slow gains, and long positions can be held accordingly.
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Greenland reaches an agreement, tariffs will not take effect, gold has retraced over 100 points from its high, and Bitcoin has also rebounded strongly from around 87,200. Additionally, the 4-hour technical chart shows a slowdown in the downtrend.
The support level at 88,000 has been tested multiple times without a substantial break. Overall, Bitcoin's resilience is stronger than Ethereum's, which is why today remains bullish. The bullish stance is only for short-term waves and does not indicate a trend reversal.
For the US session, continue to favor slow gains, and long positions can be held accordingly.