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March 24 BTC/ETH:
Bitcoin Surges: Allegedly Controlled by Trump?
Before yesterday's US market open, Trump posted: Willing to reach a deal with Iran. Bitcoin and gold surged instantly, crypto 24H long liquidations hit $360 million, crude oil moved inversely 📉. Iran quickly followed with a hard denial of this event. This morning the US attacked Iranian energy facilities again—reality is slapping faces left and right. The essence is that Trump is willing to end the dispute but can't bring himself to initiate negotiations, so he sent a soft-touch post instead. Didn't expect Iran wouldn't give him the out, so it continues to drag on!
BTC
Setting aside fundamentals and focusing on structure, the price currently started rebounding below the downtrend flag channel. MACD long liquidations continue to compress volume. During the day, pay attention to whether pullback strength can break through 7010-6900 two levels. Breaking these two levels would mark the end of the rebound. If broken, watch the right side entry for 6820-6730 below. Stage short around 7200 to watch.
Consolidate around 7030-6980 zone, defend 6890, target 7120-7200, break above to see 7290-7450
ETH
Consolidate around 2128-2105 zone, defend 2066, target 2164-2203, break above to see 2255-2360
Short-term trading adjusts flexibly; defense levels should be decided based on your actual position size! $BTC #BTC突破71000美元