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Monday News Floods In, How to Operate This Evening?
Rebounds are not reversals; strategically, we still favor shorting at highs. This evening, the US tempered strikes on Iran, with both sides entering talks. Spurred by this, gold and silver rallied on short-term basis, while BTC surged sharply by 3000 points at one point. However, Iran subsequently denied communications, the positive was debunked, prices pulled back after testing highs, falling back near 70000, with the overall weak pattern unchanged.
The daily chart remains in a wave correction structure; the rebound is merely driven by news sentiment and has not formed a trend reversal. Short-term upside faces clear resistance; the hourly chart shows a long upper wick, indicating insufficient rebound momentum.
Personally, I believe the USD will rise first then fall. Bitcoin can enter short positions around 712-15, targeting 695-686-675$BTC $GT $SOL #Gate13周年全球庆典 #中东局势引发全球市场暴跌 #OpenAI拟推出桌面超级应用