There have been short-term price excitement with the target at 106k; however, the pressure to exit at that point is quite large, coupled with the situation of escalating conflict despite significant efforts from both sides to contain and resolve the conflict. It will be very difficult to stop this war when the Israelis remain aggressive and continue to act on the sovereignty of another country with the support of the U.S. Whether they want to or not, IRAN, despite being in a weaker position, will still have to retaliate if they do not want to lose everything they have built regarding the resistance axis. The global economy, whether they want to or not, will certainly be greatly affected by this crisis; the longer it lasts, the greater the impact. In my personal opinion, there are currently two trends that we need to be very cautious about and monitor closely:
BTC is always considered a safe haven for assets when geopolitical risks occur, but to some extent, when it is pushed up to a certain level, it will be sold off very quickly to shift to safer assets like gold, especially when that war will have a huge impact on the economy and global inflation.
Currently, there is a high possibility of selling pushes (even though there is much information about organizations buying in - good news about cash flow while bad news affects sustainable price increase factors even more negatively, making us need to be skeptical).
From a personal perspective: I still hold the view as in the most recent posts to stay outside and observe with new, less experienced investors. Prioritize shorting within range, always set stop losses with targets to mitigate risks and avoid the wick hunting of pump and dump schemes. Long positions can be considered but only when there are clear signals and a quick switch.
There are too many variables in the coming days; all information is distorted, thus the current technical analysis indicators are of no value, and it is entirely based on experience and judgment.