📰 Impact of news:
1. Geopolitical impact
📈 Market analysis:
BTC has reached an intraday high of 108,125, just one step away from the all-time high of 112,000. With the increase in trading volume and institutional sentiment turning bullish, the momentum seems to be in the bulls’ favor. In addition to institutional buying, the ceasefire agreement in the Iran-Israel war is also an important factor in Bitcoin’s sharp rebound. Trump’s announcement of the end of the war almost immediately triggered a surge in the cryptocurrency market. However, the overall pattern has not changed, and the range resistance has not been broken, so we still keep the idea of shorting at high levels.
🏅 Trading strategies:
SELL 108000-107500
TP 104500-103500
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
