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" was like a boulder thrown into the market lake, stirring a thousand waves. 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 promote capital flow into risk assets, and the crypto market is expected to continue benefiting. As long as there are no black swan events, market sentiment will further improve.
Technically, 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 is at 69,000; holding this level suggests short-term sideways upward movement, 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 situation in Iran changes, the market could reverse instantly. For retail traders, short-term focus should be on the 69,000 support; if it holds, consider holding, 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 the support level before acting. Stay patient and cautious, seize opportunities while managing risks.
