Matrixport: If the process of easing conflicts accelerates faster than the market's general concerns, risk assets may experience a tactical rebound.

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Deep Tide TechFlow News, March 2nd, Matrixport released a chart today stating, "Market sentiment remains tight. However, since the market has been trading for a long time on the escalation of the Middle East situation, related risks have been largely priced in, with oil prices currently reflecting a geopolitical premium of about $8 to $10 per barrel. If the subsequent conflict de-escalation progresses faster than market concerns, risk assets may experience a tactical rebound.

From a technical perspective, after a large-scale liquidation, Bitcoin has not further declined significantly and remains resilient. As the market enters a consolidation phase, the RSI continues to rise, and bullish divergence signals are gradually emerging. As long as this indicator maintains its oscillating upward trend, the downside momentum may be suppressed. This also means that continuing to short at current levels with incremental positions could see a weakening risk-reward ratio."

BTC5.73%
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