Market Brief | Geopolitical Sudden Shock, Bitcoin Experiences Volatile Weekend Shakeout

A ceasefire lasted only one day, and Iran announced the closure of the Strait of Hormuz, causing a sudden escalation in geopolitical tensions.
As expected from a president with a financial background, their actions defy conventional logic, directly igniting market sentiment.
Bitcoin's performance this weekend has been extremely volatile:
After rising to 78,300, it was quickly dragged down by unexpected news, dropping sharply to around 75,300,
The current price is just under the 2-hour MACD zero line, with a precarious formation.
Overall weekend trading volume was low, with strong risk-averse sentiment, and the market's true bullish or bearish stance has not yet been fully revealed; Monday's opening will be the real decisive moment.
Key support levels are marked in advance, and risk control should be prioritized:
• First support at 74,700
Hold this level, the upward structure remains intact, and the trend is unbroken
• If effectively broken below 72,000
Then this round's high is likely fixed at 78,300, and breaking the 80k threshold is basically unlikely, so beware of a significant deep correction
Yesterday, the entire internet was calling for a bull comeback, but today the market has turned sharply.
The eternal truth of trading markets is that only change itself remains constant.
Avoid predictions and holding large positions blindly; follow the trend and manage risk well—that is the long-term approach.