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$BTC
Please read carefully the market review from yesterday! ! !
Yesterday evening, Bitcoin pulled up in a straight line from around 67K lows to 71K, even approaching 72K, with short-term gains up to 4,000 points.
Core reason: US President Trump reiterated his stance on Iran, stating that he is currently negotiating with parties within Iran and promised a 5-day ceasefire. Converting from Monday onwards, that means the negotiations will end around this Friday. However, Iran subsequently claimed it had not engaged in any discussions with the US side. Global financial assets are unsettled due to Middle East tensions. Trump's statement is intended to stabilize US Treasury bonds and oil prices, and it's also very likely a real concession made for a ceasefire. The current market has begun to bet on the war likely ending this week, but it might only be a short-term cessation. Therefore, this week may not see a breakdown of lows. If negotiations proceed smoothly, Bitcoin may see a decent single-sided trend; conversely, if negotiations break down and the war continues, the market may sustain continued volatility and probe deeper bottoms.