Today's panic index is 54, maintaining a neutral state.

The US stock market was closed yesterday, so there wasn't much fluctuation in the market. Now, the more uncertain the market is, the more funds will withdraw to observe. Short-term high-leverage contracts are also betting on the range of $103,000 and $106,000. If there are no significant news events to guide the direction before the weekend, it is highly likely that the focus will be on liquidating contracts at these two price levels, with fluctuations up and down.

Everyone is waiting for the stance of the Americans. If they truly engage in the conflict, they will definitely test below $100,000. Those trading contracts should hedge, and for those trading spot, the same advice applies: a sharp drop is an opportunity, and the continuous buying from large companies is the best example.