From the current situation, in the short term, if the war does not ease, maintain a bearish outlook. The market is currently showing a rapid pullback, and in the short term, it is crucial to focus on its pullback target levels, signs of stopping the decline, and the emergence of subsequent rebound signals.
Ethereum and other mainstream cryptocurrencies are also generally experiencing a rapid decline. This week's core observation point is whether the market can find support and stabilize around the $100,000 level. If this key support level is effectively broken, there is a possibility for the market to continue downward and accelerate (i.e., a 'waterfall' market).
Therefore, it is advisable to remain cautious and wait for clearer opportunities. At the same time, it is essential to continuously track developments in Middle Eastern geopolitics (Israel and Palestine) and news related to Trump.
