Yigol|Apr 24, 2026 08:17
The current $BTC trend is a classic bear market squeeze move.
Haven’t paid attention to the US-Iran negotiations for several days now.
Didn’t expect that after all this time, the market is still sensitive to the negotiation news.
Thinking back to last year’s tariff issues, both sides dragged it out for months,
using news to stir up market volatility.
This year, the US and Iran are again leveraging negotiations to create market fluctuations.
Such coincidences can’t happen without Trump, the “old rascal,” stirring things up back and forth.
The emergence of tariffs and the US-Iran situation clearly aims to manipulate risk markets,
and there might even be other hidden agendas behind it.
Looking ahead, the market trend is likely to lean bearish.
Pay close attention to the 8K and 8.2K levels.
As for whether the bear market is over,
it doesn’t seem like it for now.
On one hand, the macro environment cycle doesn’t align,
and on the other hand, the US-Iran situation remains deadlocked.
The bear market probably has about six months left before it bottoms out.
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