Bearish bets lose $430 million as BTC, ETH surge as much as 7%
Burns Brief
The six-week range that capped every rally at $73,000 finally broke on Monday as stocks erased all Iran war losses and Trump signaled willingness to resume peace talks The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC $ETH for reaction — a decisive move above or below key levels will confirm the next trend.
The six-week range that capped every rally at $73,000 finally broke on Monday as stocks erased all Iran war losses and Trump signaled willingness to resume peace talks.
Key Takeaways
- The six-week range that capped every rally at $73,000 finally broke on Monday as stocks erased all Iran war losses and Trump signaled willingness to resume peace talks