There are reports of peace talks from the Middle East, and risk asset sentiment has instantly warmed up, with Bitcoin prices directly reaching the highest point in four weeks. This surge is mainly due to macro sentiment recovery, as falling oil prices ease concerns about stagflation, and funds are beginning to flow back into high-elasticity sectors. Ethereum is also riding the wave.

In terms of market judgment, this is a typical "news-driven short squeeze," and the current momentum is very strong, with a high probability of breaking through key resistance levels above. As long as trading volume continues to increase, the upward space will be further opened. In terms of operation, it is recommended to follow the trend; a pullback is an opportunity to buy in. Focus on the support levels' ability to hold, hold onto your positions, and don't be easily shaken out. This rebound is not over yet.