U.S. stocks are affected by the Middle East situation, with oil prices continuing to rise, boosting inflation expectations. U.S. Treasury yields jumped to nearly a one-year high, leading to a sharp pullback in the stock market, with tech stocks leading the decline. Recently, Federal Reserve officials' speeches have been hawkish, putting pressure on risk markets. Bitcoin also experienced a high-level correction following this, but the support around 76,000 remains strong, with two consecutive dips being pulled back, indicating the presence of buying interest.


From the 4-hour chart perspective, Bitcoin is more inclined to oscillate and correct at high levels rather than turning completely bearish.
Consider taking a small long position near 76,000, with a target of 78,000.
For Ethereum, go long around 2,100 points, with a target of 2,200.
BTC0.73%
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