The U.S. launched its 11th consecutive airstrike on Iran’s side; U.S. stocks’ gains narrowed as Bitcoin surged and then pulled back—has a phase top appeared?
Last night, U.S. stocks opened broadly higher across the board, as if a prosperous era had arrived: the Nasdaq rose 2%, while Micron, Hynix, and others all jumped over 10% by early trading. But looking back at the overall macro situation, it’s not hard to see that the U.S.-Iran geopolitical issue continues to intensify. This is the 11th airstrike, and there is temporarily no hope for talks. On top of that, Trump has again brought up the idea of imposing additional tariffs—last year’s “black swan” and the tariff impact hardly need repeating. Bitcoin’s rebound is just a tempting process!
BTC
Last night, it surged to around 6700 and then fell back. As mentioned earlier, near the sell-pressure zone it’s prudent to be cautious. The area around 6700 is where the “bagging/touching” level sits. After the spike-and-retrace, the “head” tightened with shrinking volume, and it has come down by 1000+. Currently, on smaller timeframes, it is clearly in a falling-head trend. On the 4-hour chart, volume has shrunk, but the “head” pattern hasn’t fully weakened. During the day, watch for a pullback support at 6580. If it can’t reclaim and hold above this level, the 4-hour “head” structure will be broken. Once confirmed that it has broken down, you can consider chasing the drop on the right side and look for the 6500–6450 range with light positioning. Otherwise, if it fails to break 6580, there is still rebound strength. Then wait for “selling/breaking” around 6700 above.
ETH
After a push higher, Ethereum pulled back slightly and is consolidating at high levels. During the day, first watch for a pullback support at 1910. If it strongly breaks down below this level, the 4-hour timeframe will start a correction. For downside support, look at 1880–1850. If it can’t break below 1910, it will continue to trade sideways. Above, look to wait for opportunities at 1950–1995 in batches.
$BTC #比特币触及66500美元一个月高点 $ETH
Last night, U.S. stocks opened broadly higher across the board, as if a prosperous era had arrived: the Nasdaq rose 2%, while Micron, Hynix, and others all jumped over 10% by early trading. But looking back at the overall macro situation, it’s not hard to see that the U.S.-Iran geopolitical issue continues to intensify. This is the 11th airstrike, and there is temporarily no hope for talks. On top of that, Trump has again brought up the idea of imposing additional tariffs—last year’s “black swan” and the tariff impact hardly need repeating. Bitcoin’s rebound is just a tempting process!
BTC
Last night, it surged to around 6700 and then fell back. As mentioned earlier, near the sell-pressure zone it’s prudent to be cautious. The area around 6700 is where the “bagging/touching” level sits. After the spike-and-retrace, the “head” tightened with shrinking volume, and it has come down by 1000+. Currently, on smaller timeframes, it is clearly in a falling-head trend. On the 4-hour chart, volume has shrunk, but the “head” pattern hasn’t fully weakened. During the day, watch for a pullback support at 6580. If it can’t reclaim and hold above this level, the 4-hour “head” structure will be broken. Once confirmed that it has broken down, you can consider chasing the drop on the right side and look for the 6500–6450 range with light positioning. Otherwise, if it fails to break 6580, there is still rebound strength. Then wait for “selling/breaking” around 6700 above.
ETH
After a push higher, Ethereum pulled back slightly and is consolidating at high levels. During the day, first watch for a pullback support at 1910. If it strongly breaks down below this level, the 4-hour timeframe will start a correction. For downside support, look at 1880–1850. If it can’t break below 1910, it will continue to trade sideways. Above, look to wait for opportunities at 1950–1995 in batches.
$BTC #比特币触及66500美元一个月高点 $ETH