Bitcoin has temporarily stabilized after the short-term impact of the war between Israel and Iran, returning to the position of 106,000. Currently, the upward momentum over the past four hours is gradually weakening, and the same goes for Ethereum. However, judging from the strength of this rebound, the buying power in the market remains strong.
It is still not certain if it can firmly hold this position. Trump's tariff policy is set to expire in July, and yesterday Powell mentioned that it is too early for a rate cut in July. July is likely to be a month with many negative factors, and there may be a small bear market leading to another wave of decline.
In summary, there are too many uncertainties in this market. Any negative or positive news could wipe out retail investors completely, so it's better to be cautious. It's advisable to accumulate a bit of spot during each decline.