Trump is really talking a lot.


Pro-American factions in Iran are still cooperating with Trump.
They keep talking nonsense every day.
The market is jumping up and down.
The US stock Nasdaq gained 1,000 points in a single day.
Bitcoin hasn't moved much; the daily closing price is still below 68,500.
Ethereum is still below 2,110.
Although the monthly chart of US stocks shows a close, it's still risky.
US stocks are expected to test lower this month.
Therefore, the overall trend remains bearish.
Bitcoin and Ethereum's monthly charts have just recently closed with bullish candles for the first time in several months, but the trend has not yet changed.
Bitcoin and Ethereum are not moving independently; they are highly correlated with US stocks now.
So, the monthly trend of Bitcoin and Ethereum, referencing US stock trends, is also bearish.
In the short term, Bitcoin is facing resistance at the midline of the 68,500 range,
and Ethereum is facing resistance at the upper boundary of the 2,110 range.
ETH0,19%
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