Trump caved again! $BTC Can this time break through 70,000?
Last night’s biggest gossip: Trump softened toward Iran and, after 13 days, suddenly called it off. Iran also took the step down—pausing its strikes. This is the TACO curse: oil prices and U.S. Treasury yields have spiked too high. Old man Trump can’t hold on, so he can only submit for now.
Oil prices plunged more than 6% straight down. Money rushed out of crude oil; U.S. stock index futures opened sharply higher across the board. Bitcoin also rode the momentum and rebounded, breaking above $65,000 this morning.
Wan Ge thinks this rebound isn’t over yet. With geopolitical tensions cooling down and funds rotating back from commodities, the boost for Bitcoin is real. In the short term, resistance sits around 66,800–67,000. Whether it can get through depends on volume. Also today, Changxin Technology lists on the Science and Technology Innovation Board—skyrocketing at the open, market cap hitting 3.3 trillion. This “blood-drain” effect needs to be watched closely; capital diversion out of the crypto space can’t be ignored.
In this move, Ethereum is acting even more bullish than big BTC—up more than 4%. The altcoin season might already be on the way. For trading, if it pulls back into the 64,700–64,200 range, you can consider going long on the dip. Don’t chase rallies or sell into them—just hold.
Do you think this move can push all the way to 70,000? Drop your thoughts in the comments!
#美暂停打击伊朗第二夜 #BitMart将于2027年停止运营
Last night’s biggest gossip: Trump softened toward Iran and, after 13 days, suddenly called it off. Iran also took the step down—pausing its strikes. This is the TACO curse: oil prices and U.S. Treasury yields have spiked too high. Old man Trump can’t hold on, so he can only submit for now.
Oil prices plunged more than 6% straight down. Money rushed out of crude oil; U.S. stock index futures opened sharply higher across the board. Bitcoin also rode the momentum and rebounded, breaking above $65,000 this morning.
Wan Ge thinks this rebound isn’t over yet. With geopolitical tensions cooling down and funds rotating back from commodities, the boost for Bitcoin is real. In the short term, resistance sits around 66,800–67,000. Whether it can get through depends on volume. Also today, Changxin Technology lists on the Science and Technology Innovation Board—skyrocketing at the open, market cap hitting 3.3 trillion. This “blood-drain” effect needs to be watched closely; capital diversion out of the crypto space can’t be ignored.
In this move, Ethereum is acting even more bullish than big BTC—up more than 4%. The altcoin season might already be on the way. For trading, if it pulls back into the 64,700–64,200 range, you can consider going long on the dip. Don’t chase rallies or sell into them—just hold.
Do you think this move can push all the way to 70,000? Drop your thoughts in the comments!
#美暂停打击伊朗第二夜 #BitMart将于2027年停止运营