Iran and the U.S. have both announced an indefinite ceasefire, and this major geopolitical mine has been mostly cleared away, the biggest macroeconomic event has finally come to fruition. The so-called 'black swan' that everyone was worried about didn't appear, which indicates that the market's resilience is much stronger than expected. The current fluctuations are just to clear out the weak-handed traders.

Above the 80k level, billions of short positions have been set to stop-loss, and as soon as the bulls make a slight move, it will trigger a chain reaction of explosions. As long as it stays above 80k, more than 50% of the positions will be quickly unwound!

No matter how you see it, I remain a firm bullish trader, waiting for the peak at 80,000–82,500!