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Early morning Bitcoin suddenly surges violently, anyone with a clear eye can see that this is a typical case of news-driven hype.
The so-called 45-day ceasefire rumors between the US and Iran seem like a major positive, but essentially it's just funds using the news as an excuse to harvest profits and manipulate the market to push prices higher before dumping.
Regardless of the final outcome of the negotiations, such geopolitical-driven pulse-like rallies have no sustainable momentum and are purely short-term emotional trading.
The overall pattern remains clear: mainly short positions, no chasing longs.
On the technical side, the 69,000–70,000 range faces very strong resistance, with heavy selling pressure.
If negotiations succeed: it's just a good news cycle that will exhaust itself, and prices will fall back after a spike.
If negotiations break down: risk aversion will directly blow up high-leverage long positions.
Any spike is an opportunity for you to set up short positions.
Don’t be fooled by short-term pump-and-dump moves. Stay calm, maintain your rhythm, and profit from the main downtrend wave. $BTC $ETH