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The US-Iran situation eases, market sentiment improves, risk appetite rebounds, the bulls strongly push prices higher, and the market shifts from panic to emotion-driven trading.
On the technical side, the four-hour timeframe is supported by moving averages, and the market steps upward; it breaks through a key range with increased volume, and short-term bulls are established.
However, as the price approaches the 73,000 key resistance level, sell pressure gradually increases. The risk of chasing gains at high levels rises, and if volume or sentiment weakens, the price is prone to spike up and then pull back.
For BTC, short around 72,000-72,800, with the initial target first at 70,000
For Ethereum, short around 2250-2290, with the initial target first at 2150$BTC $ETH #加密市场行情震荡