BTC Subsequent Trend Projection:

1) BTC has fallen below the 100,000 M top neckline price level, establishing a medium-term downward trend; once the medium-term trend is established, it will not change easily;

2) The geopolitical conflicts involving multiple countries such as Israel, the US, etc., have opened the curtain on the Middle East war, significantly impacting the global economy; whether the Strait of Hormuz will be blocked is also crucial;

3) 98,000 cannot hold. The estimated target prices for the drop are: approximately 88,800 at 0.382 and even around 83,500 at 0.236.