Recent US-Iran negotiations have been repeatedly tugging back and forth, plus Trump coming out to shout and draw K-lines, causing chaos in the crypto world. 😓😓😓

Whether war will actually break out is actually no longer important — both sides are wavering, news fluctuates daily, essentially exploiting this uncertainty to harvest the market. 😄😄😄

The Strait of Hormuz just announced it was open, causing a crash in crude oil prices, short positions profit; not long after, it announced closure, crude oil rebounded, risk assets plummeted, and long positions could profit again.
In short, the losses from war have long been doubled back in the stock market, futures, and crypto markets. 😋

Applied to Bitcoin, such an environment easily follows the pattern of first pushing prices up, then quickly smashing the market.
Positive news attracts longs, negative news crashes the market and triggers many longs, repeatedly cutting through the long and short positions, taking both sides. #山寨币强势反弹 #AI基建重心转向应用侧 $BTC $GT