Recently, the situation in Iraq has been intense, and the market has been turbulent and significantly affected. There have been multiple attempts to reach high levels, but none have succeeded, followed by a retreat. In terms of cyclical trends, it is at a high level, and the peaks are continuously declining, showing a pattern of taking one step forward and looking back. The previous optimism in the market has been wiped out, and both bulls and bears are currently in a stalemate.

After each strong surge, it appears powerful, but this does not mean it can directly break the current stalemate. To change the status quo, it is necessary to see the price retrace to the 9xxx range. Based on the current situation, this time shouldn't be too long; next week's market deserves close attention, as it may bring new changes to Bitcoin's trend. #币圈现状