Monday, talks with Yimei broke down, a geopolitical crisis is brewing, and the morning session opens sharply—straight up to the point of “kong”!

Good morning, everyone, you iron brothers! Following the situation at the time, as we talk, we couldn’t help but blurt it out: it’s expected that even before the two-week ceasefire arrives, they’ll keep on fighting. The market generally believes Israel will move first, leading to low morale. On top of that, the US has blocked Haixia—this kind of sentiment gets another boost.

Affected by the news, crude oil opened sharply higher in the morning, while gold opened sharply lower, with violent fluctuations. But crypto hasn’t made any big moves. We’ll still focus on today’s Asian and European session trend and sentiment.

After the over-sell-off last Saturday, the overall situation is still hovering below 718. This area is the rebound high after yesterday’s drop. In the short term, we’ll first look at 718-722 as the initial pressure test to look for short entries and long entries.

BTC: In the morning, around the 712 area, it “kong”ed directly—leave room for a rebound; look at the 696-687 area!

ETH: In the 2205-2215 area, “kong” directly—look at the 2145-10 area!

Gold: After the low open in the morning, there was a recovery move; weakness continues. If you want a rebound, then “kong” is enough—pressure is 4750, support is 4600. A slight rebound to 4700 is also a good time to “kong”—watch the 4650-30 area!

That’s all for now. In this new week, let’s push together! Wishing you all a smooth and happy trading experience! #Gate现货衍生品双双冲进全球前三 #美伊停火协议谈判再生变故 $BTC $ETH $XAU