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#GateTradFi1gGoldGiveaway
Geopolitical risks continue to escalate, and the market is clearly driven by news sentiment.
BTC rebounded to 71,600 in the early session but faced resistance and pulled back, struggling to break through the 70,000 level. In the evening, driven by negative news, it dipped to around 69,000; ETH fell from 2185 in the early session, losing the 2100 support and dropping to a low of 2061.
Short-term selling volume increased, with the 70,000 level shifting from support to resistance. Short-term resistance is at 70,500; the 2-hour chart shows a break below key support, and the 4-hour chart indicates weak support at 68,800. The daily support level is at 66,000. If geopolitical conflicts further intensify, market volatility may increase. The evening strategy is primarily bearish with some bullish considerations.
Trading Recommendations
BTC: Short positions in the 700–709 range, targets 690–680
ETH: Short positions in the 2080–2130 range, targets 2050–2010–1960
The above reflects personal opinions and is for reference only. Please trade mainly based on Shi Pan#Gate正式接入Polymarket