Recent news and capital sentiment are resonating, leading to increased market volatility. Last night, we even saw an extreme move of nearly 5,000 points, with opportunities and risks expanding simultaneously.
Currently, there is no clear directional trend in the market. In the short term, it is likely to enter a sideways consolidation phase. It is recommended to observe more and act less, patiently waiting for a clear direction, and avoid blindly chasing trades.
- Resistance above: Focus on the 70,000 level. A stable breakout could target above 72,000.
- Support below: Focus on the 68,000 level. A decisive break below could open downwards space.
The market changes rapidly, and there is no forever-effective strategy. Only by closely following the market, responding flexibly, and maintaining strict risk control can one stay steady and go further in the market. #伊朗局势升级
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.
3.3 Morning Bitcoin Outlook
Recent news and capital sentiment are resonating, leading to increased market volatility. Last night, we even saw an extreme move of nearly 5,000 points, with opportunities and risks expanding simultaneously.
Currently, there is no clear directional trend in the market. In the short term, it is likely to enter a sideways consolidation phase. It is recommended to observe more and act less, patiently waiting for a clear direction, and avoid blindly chasing trades.
- Resistance above: Focus on the 70,000 level. A stable breakout could target above 72,000.
- Support below: Focus on the 68,000 level. A decisive break below could open downwards space.
The market changes rapidly, and there is no forever-effective strategy. Only by closely following the market, responding flexibly, and maintaining strict risk control can one stay steady and go further in the market. #伊朗局势升级