Let's talk about the current market and BTC trends

Now this war situation is getting more and more intense, and everyone can imagine that the capital market is certainly feeling uneasy. At times like this, it's better to stay away if you can. Trading is not like a sprint that ends in an instant; it's more like a marathon, and you have to take it slow.

Now let's discuss the situation with BTC:

- Weekly level: Keep an eye on those low points to see if they will be reclaimed by the bears, and whether the area where buying power is imbalanced will be broken. If it breaks, the situation might not be very good.

- Daily level: If the price drops below $101,600, it means the bullish state at the daily level has changed, and a series of downward trends may appear. If the bears take control, when the price reaches $105,000, the daily level may continue to decline unless the price stops falling and forms a potential order block, which could change the situation. Looking at it through the VWAP indicator or the 200-day moving average, along with a fixed range, the range of $97,000 - $95,000 is considered a relatively strong support position.

I won't rush to enter long positions when the price is still unclear; I need to wait for the price to move a bit more and give me some signals. I will only consider making a purchase when I see the price trend starting to strengthen. Anyway, from a monthly perspective, only if the price drops below $82,300 can we confirm that a long-term bearish trend has indeed arrived. Every time a bear market begins, there will definitely be changes in market structure and trend status, and this is undeniable. For now, let's watch and see; although the price may pull back for a while, I don't think we can say that we've reached a major peak yet.