#卡尔达诺稳定币提案 Where is the real 'bottom'? If Iran does not make a substantial large-scale counterattack within the next 24-48 hours, the situation may temporarily de-escalate, and market panic may ease. Only then will it be a more prudent time to assess how deep the 'pit' is and whether it's worth jumping in.

● Nuclear risk is the biggest 'black swan': Once the conflict escalates and crosses the nuclear red line, the market will no longer be 'digging a pit', but rather experiencing a 'collapse'. While this is a low-probability event, it must be taken into account.