Individuals and nations,

are both weak in the face of trends.

In fact, BTC has already entered a correction cycle at the weekly level. Do you understand? It means a rebound, primarily shorting.

And in the Middle Eastern powder keg, the conflict between Israel and Iran continues to escalate, and just two days later, Iran starts to back down.

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Currently, from the daily chart perspective, BTC is in a sideways fluctuation range, MACD has a death cross, indicating the possibility of further correction. The likelihood of a sharp drop in the next couple of days is slightly lower. It is currently at life support, but also precarious. If we have to talk about risks, it may be best not to go long and focus on shorting during a rebound. The upper resistance is around 106800, and the lower support is around 100000.

At the level of the fourth Miss, MACD has a golden cross, indicating a short-term rebound demand. However, the volume is lacking, and the rebound height is limited. You can go long around 104000, with a stop loss around 103000, or short around 106800, with a stop loss around 107500. In a fluctuating market, sell high and buy low, but be especially cautious. The market can suddenly reverse.

At the weekly level, MACD has a death cross, and the downward trend of the larger cycle is confirmed; it is mainly advisable to short during a rebound. Considering the risks, one might choose not to go long. It is a personal choice. Currently, it won't plummet immediately, but this risk is ever-present. For spot positioning, continue to wait patiently.

It's time to choose a direction again; be cautious, careful, and remain flat, perhaps you can avoid the slaughter. Doing nothing may lead to unexpectedly winning. $BTC