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I can say very clearly
This rebound starting from 65,000 is not driven by technical factors.
Instead, it is the market pricing brought about by the ceasefire agreement
which caused a large number of shorts to be liquidated,
thereby driving the price to continue diverging and rebound.
Market liquidity
has not fundamentally improved,
but is instead centered around liquidity games in the futures market.
In this round, futures market shorts have become the main driving force.
This morning, the US-Iran negotiations have already been declared over,
and no agreement was reached.
The talks have collapsed.
Is there a new round of negotiations,
or when will a specific new round of negotiations take place?
For now, there is no news from the market.
Dreaming that Bitcoin has already returned to a bull market
is basically just dreaming.
We are still in a bear market phase.
The bear market remains the main tone for a long time to come.
Finally, I just want to say one thing:
Any rebound in a bear market is
“Silkworms exhaust their silk only at death.”