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Monday news everywhere, how to operate in the evening?
The rebound is not a reversal, strategically still favoring shorting. In the evening, the US temporarily halted strikes on Iran, with both sides entering negotiation stage. Triggered by this, gold and silver rallied in the short term, and Bitcoin surged nearly 3000 points at one point. However, Iran subsequently denied communications, the positive was disproven, prices pulled back from highs, and fell back near 70000, with the overall weak pattern unchanged.
The daily chart is still in a wave correction structure, with the rebound solely driven by news sentiment, failing to form a trend reversal. Short-term upside faces obvious resistance, hourly chart shows a long upper shadow, insufficient rebound momentum.
Personally, I believe USD will rise then fall, Bitcoin can enter shorts near 712-15, targeting 695-686-675#加密行情震荡