The situation in the Middle East is deteriorating, and the cryptocurrency market may face a major washout.
The situation in the Middle East is becoming increasingly severe, with no hope for a resolution in the short term. It could very well be a prolonged conflict, similar to the Russia-Ukraine conflict.
Look at the recent actions of various countries; the United States was the first to begin evacuating personnel, Russia has recently done the same, and Germany and France are also evacuating. Today, China has also started to evacuate relevant personnel.
So many countries are withdrawing their people, indicating that this war is likely to be a long-term one.
For the cryptocurrency market, this could very likely mean that a major washout is on the horizon.
Ethereum's intraday performance is relatively weak, with a lack of liquidity and weak rebound.
Sister Han has chosen to enter a short position to take a swing.
Those who have entered, please wait for my internal notice to exit the market accordingly.
