Last Friday, because news broke that Iran proactively requested peace talks, the market responded with positive expectations, so BTC's price surged again. As the price rose, traditional investors who had been silent before re-entered with net buying, and both BlackRock, Fidelity, and ARK made four-figure purchases, suggesting that traditional investors' speculative enthusiasm has been sparked.

But from an omniscient perspective, although BTC's price remained around 80,000 on Monday, due to uncertainties between the US and Iran, US stocks declined somewhat, and traditional investors might also be conflicted on Monday.

In the just-concluded Week 120, American traditional investors net bought 1,551 coins, mainly from Friday's purchases. Even so, this is still a significant gap compared to the net inflow of 10,956 coins in Week 119, indicating that traditional investors are still chasing gains and selling on dips in the crypto space.

At this stage, short-term traders can seize opportunities, but trend traders still need to wait until key resistance levels are tested, then observe the subsequent selling pressure, turnover, and macro conditions for a comprehensive judgment. The end or turning point of this rebound is expected to occur after the US and Iran confirm the second round of negotiations, and once the dust settles, the short-term rebound will face economic issues, with macro factors returning to interest rate paths.