🌞6.21 Accurate Market Analysis!!!
Good morning, brothers. The market is being pulled back and forth, and a big volatility may be coming.
Yesterday, the market briefly surged to 106000 due to news that "Iran is going to negotiate," but then quickly waterfall down to 103000.
The core reason is: the negotiations between Europe and Iran have broken down. The market originally expected Iran to abandon its nuclear program, but after communication with the UK, France, and Germany, Iran clearly stated that it will not stop uranium enrichment. This means - no agreement, and the situation may escalate.
What’s more troublesome is that Russia has voiced: warning the United States not to interfere in Iranian affairs, or the consequences will be severe. At the same time, Putin has also issued a strong signal, stating that "the entire territory of Ukraine belongs to Russia," and military advancement in regions like Sumy cannot be ruled out.
These two major geopolitical conflicts indicate: the global situation remains tense, and risks are hard to eliminate, putting continued pressure on the cryptocurrency market.
Additionally, Trump's tariff policy is still unclear, and Israel's military strikes against Iran may last more than two weeks, with high-level target actions not being ruled out, potentially worsening the situation further.
In the coming weeks, the market will still fluctuate, and instability will make sustained upward trends difficult.