The rapid decline of Bitcoin today was triggered by a sudden geopolitical news shock. As soon as news of Iran launching missile attacks on a U.S. warship broke, market panic quickly intensified, with funds rushing to sell off, causing a sharp increase in trading volume and a rapid drop in price from above 80,500 to around 78,000.

But it’s important to clarify that such news-driven stimuli are mostly short-term emotional disturbances and are not enough to change the overall current trend. The core range of the current market has not been broken, and after digesting the news, the market will return to its own rhythm. It remains optimistic about rebounds and shorting opportunities, so don’t blindly chase one-sided moves! On Monday night, a rebound to 79,800-80,600 could be a good opportunity to short, with a target around 77,300! ETH tracks as well—short-term bulls and bears both have room but need to take profits in time.