Thursday, weak oscillation and adjustment, continue rallying north

The arrow is on the bowstring, it must be released. I still have the long position from 71200 yesterday, so don't ask me how I view it today. For intraday short-term strategy, we can just rely on retesting the overnight low at 70400 and above to go long and look for gains.

Right now there's extreme tension between the US and Iran, with all kinds of news flying everywhere. The longer it drags on, the smaller the impact will be. Once the ceasefire happens and oil prices fall, capital will flow back to US stocks and the USD index, which is absolutely bullish for crypto!

Bitcoin: Reference the 70000-70500 zone for long positions, target 72500, enter with light positions and reserve positions for averaging down

Ethereum: 2120-2145 zone for long positions, target 2250, enter with light positions and reserve positions for averaging down

That's all for today, wishing everyone smooth sailing