Trump's statement triggers market震动, what is the future direction of BTC?



Last night, Trump's comment that "the war is basically over" hit the market like a boulder thrown into a lake, causing ripples across the board. Crude oil plummeted 30%, US stocks surged significantly, and Asian markets opened higher this morning. The crypto market was also affected, with BTC firmly above 69,000, boosting bullish sentiment.

From a news perspective, Trump's mention of "lifting some sanctions to lower oil prices" signals the US's intention to stabilize the global economy, which is a major positive for risk assets. In the short term, reduced war risks encourage capital to flow back into risk assets. The crypto market is expected to continue benefiting as long as no black swan events occur, and market sentiment further improves.

On the technical side, the 4-hour candlestick chart shows that BTC rebounded around 67,000 and stabilized above 69,000. The Bollinger Bands are opening upward, with prices close to the upper band, indicating strong bullish momentum. The MACD fast line has crossed above the zero line with increasing red bars, and RSI is approaching overbought levels but not extreme, supported by volume during the rebound. Support levels are at 69,000; holding this level suggests short-term sideways movement upward, while a break below should focus on the 68,000 support.

However, it is important to recognize that this rebound is mainly driven by unexpected news, and the market could change rapidly. If the Iran situation changes, the market could reverse instantly. For retail traders, short-term focus should be on the 69,000 support; if it holds, consider holding, and if broken, reduce positions. The initial target is 72,000; a breakthrough could lead to 74,000. But avoid chasing highs—wait for a pullback to support levels before acting. Stay patient and cautious, seize opportunities while managing risks. $BTC
BTC3.61%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
duphung8679vip
· 9h ago
$BTC $BTC $BTC $BTC $BTC $BTC $BTC $BTC Resistance at 74k is quite strong. Barrier at 60k. I bought at 65k and am waiting. ETH bought at $1930.
View OriginalReply0
  • Pin