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Before, they were shouting for a decisive battle; now, they suddenly announce a ceasefire. This kind of reversal is really too ridiculous, and it fully matches Trump’s mercurial style of doing things. Anyone with a clear view can tell that this is not a real ceasefire at all—it’s simply a foolproof delaying tactic, just to buy time to restart negotiations.
Now look at the negotiation conditions proposed by Iran. They are essentially pressing forward step by step. If the United States nods and accepts them, it will completely sweep away its face in the Middle East afterward, leaving it with no say whatsoever. At this moment, the broader background of the crypto market is still a bear market. Even if the situation temporarily eases, the market will not be able to surge significantly. There is no sustained upward momentum at the highs at all.
Now look at the crypto market: the bear-market pattern has never changed. Even if the ceasefire news gains momentum, it is only a brief boost to sentiment. If prices spike, that’s a good opportunity to short. Right now, high levels are still the place to build short positions. Don’t entertain any fantasies in the short term—the market won’t blindly rally against the overall trend. The biggest risk in the market is Trump—he will draw candlestick #$BTC