After Bitcoin dropped sharply due to the conflict between Israel and Iran, the short-term trend is filled with uncertainty and will be dominated by geopolitical news. If the conflict escalates and investor risk appetite decreases, Bitcoin may continue to be under pressure; if the conflict eases and market sentiment recovers, Bitcoin may welcome a rebound. In the long term, its trend is also influenced by various factors such as its own technological development, market regulatory policies, and the global economic situation. The halving cycle may also bring upward price momentum, but it is currently difficult to accurately determine its long-term trend.