When the market is filled with panic over the continuous decline of Bitcoin, staying calm is key. Avoid blindly following the crowd and ensure you maintain independent judgment.

After a long period of decline, the market cannot keep falling without any pullbacks, unless another extreme event similar to '312' occurs.

Luyao reminds everyone that regardless of how the market fluctuates, it's important to stay clear-headed and rational, learn to control emotions, and not be led by the market. If your thoughts become confused or your emotions fluctuate, it might be wise to temporarily step back and adjust.

Regarding the current situation, without a complete favorable outcome in the conflict between Iran and Israel, Luyao still maintains a bearish outlook. Currently, amidst numerous news items, the market continues to rise; is it possible that this is just another wave of false optimism? If you're not confident in your judgment, Luyao suggests staying out of the market.

Bitcoin is recommended to short around: 102300-102800, with a target of 100000; if it breaks, then look directly at 95000. Everyone should strictly manage their defenses.