$BTC The drop in the early hours of today is likely due to the potential geopolitical risk escalation signals released by the Middle East evacuation actions, prompting investors to reassess market safety margins and inflation paths, leading to a reduction in risk assets.

Both the US stock market and BTC have experienced declines simultaneously.

Priority should be given to the uplifting effect of tonight's PPI data, as well as the situation after the US stock market opens.

As long as the key support does not break, the situation will not be too pessimistic.

As long as the market remains stable and accurate, a rebound will occur once the geopolitical risks pass.

Of course, the biggest concern is that the PPI data may fail to boost market sentiment, and geopolitical risks may hang over people's minds like the 'Sword of Damocles', potentially leading to market fluctuations and downward trends.

If short-term geopolitical risks occur, such as an Israeli attack on Iran, do not blindly bottom-fish after a short-term drop; it is necessary to pay attention to whether there are further developments.

Otherwise, if geopolitical risks continue to escalate, risks will increase.