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The evening rebound is just a technical pullback, not a trend reversal. After failing the resistance level at 68,500-68,600, the price quickly retreated, and upward resistance remains strong.
Currently still in a downward channel, reversal is difficult. A prudent approach: resist and short under pressure.
Bearish strategy:
Entry: 68,100-68,700 (preferably under pressure at 68,500-68,700, place multiple orders to avoid chasing shorts)
Stop loss: above 69,000 (or 68,900-69,100, above the intraday high)
Targets: first around 66,500, second around 65,800-66,000
Risk reminder: Break and
BTC-0,66%
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U.S. stock futures plunged sharply at the open, with the three major indices futures collectively tumbling. The decline has now expanded to over 2%, and market risk sentiment is clearly out of control.
Under this macro risk-averse sentiment, the crypto market is struggling to stand alone. It is almost impossible for Bitcoin (BTC) to resist independently, as funds are rapidly shifting toward safe-haven modes.
The core driver of this intense volatility remains the rapid escalation of the Middle East situation. Israel has significantly increased its military operations, while Iran's stance remain
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The situation in the Middle East is rapidly escalating, causing oil prices to surge and Asian-Pacific stock markets to experience a "Black Monday."
The KOSPI index in South Korea once plummeted over 8%, triggering the circuit breaker; the Nikkei 225 index fell more than 7%; markets in Vietnam, Australia, Indonesia, and others also collectively took a hit.
When geopolitical conflicts erupt, the first reaction of capital is often to quickly reduce risk exposure. Stocks, tech stocks, cryptocurrencies, and other high-risk assets are all difficult to fully decouple from risk aversion in the short t
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ETH-0,25%
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Geopolitical and Data Double Kill: Bitcoin’s Downward Trend Difficult to Stop
Recently, global risk events have erupted intensively, geopolitical conflicts continue to escalate, coupled with Friday’s non-farm payroll data significantly below expectations, putting the financial markets under comprehensive pressure. On Monday’s Asian session open, U.S. stocks have already experienced a deep correction, and Bitcoin is accelerating its decline in tandem.
I repeatedly suggested positioning for short positions in the 71,000 to 72,000 range, and have already realized significant unrealized gains. The
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DrAmaniSooJPvip:
amazing sharing, thx ya...
Will Monday's opening see extreme volatility? Crude oil surges, US stocks come under pressure, can Bitcoin remain resilient? Quick recap.
1. Trump’s “Path Dependency” Faces Obstacles
His previous tough stance on Venezuela was effective, prompting Maduro to quickly concede, leading Trump to expect a swift victory. But this time, regarding Iran (including the assassination of Supreme Leader Khamenei), Iran has shown strong resistance, refusing to surrender or compromise. Trump publicly stated he wants to “participate in selecting Iran’s next leader” and demanded “unconditional surrender,” but
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