Both key support levels for BTC have been breached. It was previously pointed out that 106.3k was the last line of defense for the bulls, but unfortunately, the market did not leave any room for those who hoped for a miracle.

In addition, with the outbreak of conflict between Israel and Iran, all factors for a downturn have come together. Long positions at the lowest point in the early morning were exited with a small loss.

With the daily line of defense breached, FOMO sentiment begins to spread, and following the trend to short was the perfect way to catch this waterfall!

The charm of the market has never been in the fluctuations themselves, but in the ability to remain composed after understanding the trend. After all, the four words 'go with the trend' sound simple, but how many can truly align knowledge with action.