In the past couple of days, Musk and Trump had a quarrel, but after some coordination, Musk took the initiative to delete the tweet mocking Trump.

Ma Chuan and the other person are reconciled again.
Both individuals are capable of influencing the world; with a single operation, they can throw the entire financial market into chaos.
Moreover, this quarrel seems to be premeditated, all for the purpose of bottom-fishing their own stocks. With one wave of operation, both of them made a fortune.
Merchants and politicians are just actors; their words and actions are all for the sake of gaining more benefits.
But anyone who offends Musk won't have it too easy. These past couple of days on X, there have been humorous interactions between Musk and Trump, along with photos of Pop Mart.
Today, many million-followers accounts were collectively banned. It's either this or they want to poach X's market share and earn X's advertising revenue through detours.
The current round of collective KOL bans may be the reason for today's sharp drop in BTC; they shouldn't have such a significant influence, right?
At present, as long as it does not fall below 107000, there should be another rebound. However, from the pattern, it has formed an M top. I still recommend that everyone short during the rebound. I have mentioned several times that in this phase, 11W is the high area, and once it reaches that point, it's time to short.
Many people keep looking at 150,000, 200,000. I'm not saying it can't happen, but at least it should be the next phase. For spot traders, it's still the same: BTC, if it doesn't drop below 100,000, I won't enter the market.