Tuesday Noon Jingyi Trading Strategy Analysis: Geopolitical Détente Causes Oil Prices to Plunge, Bitcoin Bullish Pattern Emerges



The outlook on Middle East tensions has shifted, with the yellow-haired trader signaling a easing of conflict and lifting oil-related sanctions. International oil prices have fallen sharply from the high of 119 by nearly 30, and geopolitical safe-haven pressures have fully eased, benefiting risk assets.

Bitcoin's technicals are strong, with a clear head and shoulders bottom pattern, moving averages aligned bullishly. After a volume breakout in the short term, the upward structure is stable, with further tests of 71,800 possible. If bullish momentum is sufficient, targets could reach 74,000. Currently, Bitcoin is in a wide-range consolidation channel with moderate bullish strength; caution is advised for potential pullbacks at high levels.

Trading Recommendations
BTC 690-682 range long, short-term target 70,000-71,800. If it breaks above resistance, the bullish trend will continue, with a target of 74,000.

ETC 2010-1980 range long, short-term target 2050-2000, wave 2150.

The above is my personal opinion, for reference only#Gate2月透明度报告
BTC3,6%
ETC3,04%
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