If the US stock market doesn’t fall further tonight, and BTC can still hold around 63,000, that would actually indicate the market has very strong absorption capacity.

Because in a truly strong rally, it’s not that there are no negative catalysts, but rather:

When bad news comes, the market just can’t be driven down.

If after the stocks in Japan and South Korea crash, BTC can still hold key support— and even the ETF continues to maintain net inflows—then that suggests the quality of the capital behind this current upswing is much higher than in the past, when the move mainly relied on retail sentiment. #伊朗宣布关闭霍尔木兹海峡