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Boom! A single statement from Trump caused oil prices to crash 30%, and the crypto market instantly came back to life!
Early this morning, Trump personally admitted that the Iran war is "basically over," much sooner than he expected. As soon as he said that, crude oil prices plummeted directly, dropping over 30% from the high! Global stock markets instantly surged, with the US stock market soaring violently, and Japan and South Korea opening with huge gains.
Personal opinion:
This is a classic case of "buy the rumor, sell the fact." War premiums are being stripped away, and massive amounts of capital are fleeing from oil like a flood, quickly flowing into stocks and crypto markets. Bitcoin (BTC) broke through 69,000 in one go, and ETH re-claimed the 2000 level, which is the best proof — major players are frantically buying up!
Now, the most critical part:
As the situation clarifies, risk appetite returns, and institutional funds start to move. But this rally is too rapid, and there will definitely be fluctuations in the short term.
What should traders do next?
Don’t rush to chase the high; watch for a pullback to support levels. If the pullback holds, it could be a signal that the second phase of the bull market is starting. Do you think this surge in Bitcoin is a real breakout or just a fake move? $BTC $ETH