Trump claims extending the ceasefire agreement, where can Bitcoin rebound to?



Early morning US media reports: VanS cancels Ba's itinerary, followed by Iran stating it will not attend the US peace talks. Interestingly, Trump, when the meeting time expired, directly gave himself an out by claiming: Iran has agreed to the ceasefire agreement! Cryptocurrency markets are rebounding across the board due to this news, with the market logic essentially being: buy the expectation, sell the reality. The expectation is rising, so now it depends on the buying volume of the reality!

BTC
Currently, the market shows a clear upward trend, RSI indicator is in oversold territory, and the volume-price divergence increases the risk of a pullback. Watch for a pullback to support at 7730. Only if the price pulls back and breaks below this level will the bullish trend be considered over. Short-term attention is on this, and a rebound is approaching the weekly resistance zone of 7850-7950. Do not chase the rebound; prioritize high-probability setups.

Around the 7850-7900 zone, with a defense at 8020, target a break below 7730-7600 towards 7450.

ETH
Around the 2414-2436 zone, with a defense at 2485, target a break below 2386-2358 towards 2278.
BTC2,15%
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