In the early morning, Bitcoin’s sudden blowout rally is something any clear-eyed person can tell is another classic case of using the news to lure in momentum. Although rumors of a 45-day ceasefire between Iran and the US appear to be a positive development on the surface, in essence it’s just a “rat-trap” order situation where capital borrows a storyline to flex.

No matter what the negotiation outcome is, this kind of pulse-like upswing driven by geopolitics lacks sustained momentum. The current broader picture still remains that price action is mainly dominated from higher levels; even if a ceasefire agreement is reached, it will only be a short-term release of sentiment. In the 69,000-70,000 range, Bitcoin will face extremely strong technical selling pressure.

Once talks break down, risk-off sentiment will actually hit leveraged long positions first. The market will then turn directly downward, and any push higher will be an opportunity to set up short positions. Don’t be misled by a brief pump.
#加密市场行情震荡 $BTC $ETH $SOL