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Today Giugliano forked and landed, POL slightly rebounded with the market, and the trend is relatively stable. Short-term support at 0.089, resistance at 0.094, hold on if it doesn't break. Polygon 2.0 and the destruction mechanism are still in place, and the medium term isn't so pessimistic; avoid chasing highs in the short term, it's more comfortable to buy on dips.
#pol
#pol
Regulation is the touchstone. Bitchat being removed precisely proves the true power of decentralized private communication. Sticking to Web3, freedom is always on the way! ✨ #苹果中国区App Store下架Bitchat
Trump announces a two-week suspension of bombings and attacks on Iran, conditioned on Iran opening the Strait of Hormuz. Both sides claim that most disputes are close to resolution, and a peace agreement is expected to materialize within two weeks.
Meanwhile, Bitcoin has officially surpassed the $70,000 mark.
🧭 What do these two developments mean?
1️⃣ Geopolitical risk cooling → Oil price expectations retreat → Reduced inflation pressure in the U.S. → Increased rate-cut expectations → Improved liquidity, directly benefiting BTC/ETH.
2️⃣ Risk sentiment warming up, with funds flowing out of pure safe-haven assets (like short-term U.S. Treasuries), with crypto benefiting from its dual identity as a "high beta risk asset + digital gold."
3️⃣ Reduced shipping risks in the Middle East, but the narrative around crypto has shifted from "safe haven" to "accommodative trading."
📌 Personal opinion:
$70,000 has transformed from a psychological resistance into support; if the two-week ceasefire can truly advance a long-term agreement, combined with rate-cut expectations, it is not ruled out that it could challenge the previous high of $73.8k. However, Trump could flip at any moment, so avoid FOMO in the short term.
Do you think this wave can stabilize at $70,000? See you in the comments 👇
#BitcoinBreaks70k #Trump #IranCeasefire #CryptoMarket #BTC
Meanwhile, Bitcoin has officially surpassed the $70,000 mark.
🧭 What do these two developments mean?
1️⃣ Geopolitical risk cooling → Oil price expectations retreat → Reduced inflation pressure in the U.S. → Increased rate-cut expectations → Improved liquidity, directly benefiting BTC/ETH.
2️⃣ Risk sentiment warming up, with funds flowing out of pure safe-haven assets (like short-term U.S. Treasuries), with crypto benefiting from its dual identity as a "high beta risk asset + digital gold."
3️⃣ Reduced shipping risks in the Middle East, but the narrative around crypto has shifted from "safe haven" to "accommodative trading."
📌 Personal opinion:
$70,000 has transformed from a psychological resistance into support; if the two-week ceasefire can truly advance a long-term agreement, combined with rate-cut expectations, it is not ruled out that it could challenge the previous high of $73.8k. However, Trump could flip at any moment, so avoid FOMO in the short term.
Do you think this wave can stabilize at $70,000? See you in the comments 👇
#BitcoinBreaks70k #Trump #IranCeasefire #CryptoMarket #BTC
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