1. Although the current conflict is intensifying, the market sentiment is not dominated by panic; the fear and greed index remains in a state of 'greed.' According to the latest data from Sunday, the index value is 60, staying in the 'greed' zone. Looking back to Thursday, the 'greed' score of this index was as high as 71, indicating that market sentiment was even more exuberant earlier.

2. Even as geopolitical tensions are increasing, the overall performance of the market demonstrates strong resilience. Notably, the key level of 100,000 has been successfully reclaimed for the first time since May 8. If this level is lost, it is expected to trigger large-scale liquidations, with long positions amounting to over 1.74 billion facing significant risks.