U.S. Treasury yields - Middle East situation, Bitcoin - Ethereum short-term surge, will it continue?

A thrilling geopolitical drama reached a turning point at the last moment. Due to unexpected news, Bitcoin's price briefly retreated below the 70,000 level, while trading volume for Ethereum surged above 2200. Such a sudden market move is not a result of the so-called self-directed line since Trump took office. These words are just excuses for bad trades. The trend reversal is not heavily influenced by external factors; timely change is the key to the current situation!

Including the current market, which is filled with "complete distrust" towards the U.S., opening negotiations does not mean the end of the war. In my opinion, Trump's move is more like giving himself an excuse to step down. A two-week ceasefire is just a buffer. There are still many uncertainties in the geopolitical situation ahead. For traders, this kind of show is just for watching.

Reviewing the daily chart script, Bitcoin has been indicating a short-term range rebound. Small oscillations and pullbacks are just for better structural breakthroughs. The main upward wave on the daily chart shows a steep rise. On smaller timeframes, each correction emphasizes the importance of timely retreat, not being influenced by market sentiment. Don’t start looking at 50-60K just because of a small dip. If the trend is misjudged, subsequent rebounds will be silent, followed by counter-trend hesitation, and so on...

On the daily chart, Bitcoin repeatedly found support and resistance between 74,000 and 76,000. If the upward volume can stabilize above 73,500, bulls might consider retreating. Remember not to chase after a rise without waiting for a pullback. For short-term shorts, the range is 73,300-73,800. If you still hold long positions from last night’s bottom, be patient and protect your positions. Watch tonight’s US stocks, trade while adjusting.

Ethereum’s rebound high point was 2270, fully aligned with the short-term trend. Don’t use hindsight to compare. The resistance zone is between 2330-2370. If the price can hold above 2300, focus on two key levels: entry points for shorts at 2350-2380.

Last night, Bitcoin hit 68,000 multiple times, and Ethereum hit around 2080 multiple times. If all positions are cleared, just observe for now. The best outcome is simply “waiting.” Many traders have developed the habit of not setting stop-losses during volatile markets, which led to being wiped out by bears at this moment. This market is not short of miracles. The money made during oscillations is not enough to compare with the losses from a single big trend. Not everyone in the market is always right, but the most overconfident are often overly lucky. $BTC ‌$ETH ‌#BTC突破71000美元