As soon as the news from Trump about the US-Iran situation came out, the market exploded.

Bitcoin shot up with a big bullish line, and the contract positions instantly decreased. This wave is clearly just sweeping liquidity, taking out all the shorts.

This kind of rally looks fierce, but in essence, it's not a slow rise; it's the combination of emotions and funds pushing it up together.

Now the most critical point is:

70,000, can it hold steady?

If it can hold steady:

It indicates that this wave is not a fake rally; the funds are genuinely entering the market,

There is a high possibility of another round of catch-up, and altcoins will follow suit.

But if it can't hold steady:

Then it's basically just a spike,

Specifically targeting those who chase after highs.

This kind of market is the easiest to get people hyped up; just when you think it's about to take off, the next second it crashes down.

So don't rush to chase:

Wait for it to hold steady before considering to follow

If it doesn't hold steady, just wait for it to drop @惊渔在带单