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Good afternoon everyone, today is Sunday, let's do a text analysis of the market.

The situation in the Middle East has been escalating recently, and US stocks are now strongly correlated with Bitcoin. The Bitcoin structure looks fine, still in a strong adjustment phase. As mentioned before, the price touched 100,000 again in the early morning and rebounded, but the momentum is not strong. For the bulls to turn strong, they need to surpass 104,000. If 100,000 breaks down later, the next support level is the 38.2% retracement below. The current pullback is targeting the red pen's up and down movements. Once the red pen's adjustment ends, it will signal the start of the next upward movement. Ethereum has broken 2,400; if you have spot holdings, it's advisable to hold on. For contracts, manage your positions according to your own judgment.

To add a note, the opportunities here still outweigh the risks.