Recently, the events in Iran have continued to escalate, causing turmoil in the financial markets, with Bitcoin (BTC) also being significantly affected. Bitcoin has repeatedly attempted to reach new highs but has failed each time, followed by a decline. In terms of cyclical trends, it remains at a high level, with peaks continuously moving downward, showing a pattern of hesitation. The previous optimistic sentiment in the market has been erased, and both bulls and bears are currently in a stalemate. After each surge in Bitcoin's price, it seems strong, but this does not mean it can directly break the current deadlock. I believe that to break the status quo, the price must first retrace to the 9xxx range. Given the current situation, this should not take too long, and next week's market is worth close attention, as it may bring new changes to Bitcoin's trend. #BTC