The situation in the Middle East region remains in a tense game of checks and balances, with related military actions taking shape and large numbers of overseas forces continuing to be stationed there. In the early stage after the news broke, market risk-averse sentiment warmed up temporarily, driving a rapid rebound across the board.

However, as the market gradually digests the impact of the news, people find that this round of conflict is more of a regional back-and-forth struggle, making it difficult to form long-term, sustained downside protection support. After sentiment fades, the market returns to its original technical trend.
It’s hard for the short-term spike to continue. Overhead pressure becomes increasingly evident, leaving limited room for further rebound. Going forward, we will still focus on being bearish $BTC #伊朗宣布关闭霍尔木兹海峡 #