This morning, it directly broke through the 0.5 rule line at 105446 analyzed in the previous article, probing to the Fibonacci 0.786 support level. The afternoon rebound reached 105434 and then began to pull back. If it does not re-establish itself above the 105446 line by tonight, it is highly likely to probe down to the 103000 line again by 8 AM tomorrow. Whether it can charge towards the previous high again still depends on whether the 105446 line can be broken!
The impact of the Israel-Palestine conflict itself is actually not significant on the major illness. If there is an impact, it is that large funds see an opportunity in gold and have injected some cryptocurrency funds into the gold market! Therefore, the original 5-point pullback has turned into 7 points, but altcoins can see declines of 20%-30%. After several rounds, it is indeed absurd, which can only be attributed to excessive liquidity scarcity!
