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On Tuesday, I reminded everyone that this week is a high occurrence period for Black Swan Events, providing an opportunity to escape the peak and an extreme short order in the BTC 109500-110000 range, with the target position reaching 103000, which has now been taken profit.
So the market is quietly retracting now, can we start bottom fishing?
Now buying the dip is equivalent to sending oneself to death, of course, gamblers do not care about these.
The war between Israel and Iran has not yet fully erupted; it depends on the subsequent actions of Iran and Israel. The situation in Los Angeles is also escalating, including the lowered expectations for interest rate cuts, which has a significant impact on the market in the short term and requires time to digest. Here, I suggest maintaining a short order for a week to observe and wait for the market to gradually digest. I continue to hold a bearish outlook.