Short-term panic selling of Bitcoin as expected with the outbreak of war, the entire cryptocurrency market is paying the price. The fundamentals of Bitcoin have not changed, and the optimistic stance for the second half of the year remains the same. It is difficult to predict in the short term; one can only say to reject contracts and not to envy others for making huge profits because you lack the skills.
The 4-hour level of Bitcoin has completely deteriorated. We will see if it can quickly rebound above 105,000 in the next few days. Currently, there is a spike at the 1-hour level, and a short-term rebound is expected, but the strength of the rebound still needs further observation.
If the 4-hour level cannot achieve a quick rebound, then the next month will enter a phase of oscillation and adjustment, followed by a gradual recovery in Q3 accompanied by expectations of interest rate cuts.
