Monday News Floods In, How to Operate This Evening?
Rebounds are not reversals; strategically, we still favor shorting at highs. This evening, the US tempered strikes on Iran, with both sides entering talks. Spurred by this, gold and silver rallied on short-term basis, while BTC surged sharply by 3000 points at one point. However, Iran subsequently denied communications, the positive was debunked, prices pulled back after testing highs, falling back near 70000, with the overall weak pattern unchanged.
The daily chart remains in a wave correction structure; the rebound is merely driven by news
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