Early morning Bitcoin rebounded to 68,600, then retraced over a thousand points, and near noon, massive whales started accumulating, coupled with spot BTC capital inflows;

The price directly surged from around 67,550 to break above 69,000. Ethereum rebounded from 2,124 to retrace to 2,081, then followed the upward move and broke above 2,150.

International crude oil prices plummeted in the short term, while spot gold and silver were boosted, and risk assets like BTC and ETH continued to rise strongly;

This morning, Jingwen predicted a "first decline then rise" trend, attempting a short position but unfortunately got stopped out.

On the hourly chart, the mid-line supports the price upward, with the first support around 67,850 and the lower band at 66,500 forming a bottom;

In 2-hour and 4-hour timeframes, bulls are expanding volume, breaking through the short-term high of 69,000, with the mid-line at 67,500 becoming a key level for pullbacks. Overly chasing highs is still not recommended.

Currently, the news environment is complex: "Iran is willing to end the war under guarantees," and there are signs that old Trump may speak about progress in negotiations;

But the hot war on the ground continues! Worth noting!