Today's crypto market logic is clear, with the overall trend completely anchored to the rhythm of US-Iran geopolitical conflict risks. The escalating geopolitical tensions have triggered risk-off selling of global risk assets, with Bitcoin's price facing pressure and declining rapidly first. The morning market analysis accurately predicted the bearish dominant pattern, clearly defined the core trading strategy for the day in advance, and adhered to the trend-following short-selling strategy throughout, aligning with the market's mainstream direction.

From an in-depth technical breakdown of the daily chart, the price briefly found minor buffer support at the middle Bollinger Band, showing a weak consolidation pattern in the short term, but no effective stabilization or reversal signal has formed. This pause in the decline is merely a phase of consolidation within the downtrend, not a bottom formation. The breakdown of key support is only a matter of time. Currently, the market has formed a complete bearish wave structure, with a smooth downward trend channel and ample bearish momentum. The core structure of the overall downtrend has not changed, and a new round of deep retracement has been largely confirmed.

Bitcoin short near 62600-63100, target down to 60500-60000

Ethereum short near 1760-1790, target down to 1650-1580

$BTC $ETH #美国比特币ETF净流入4026枚BTC