Based on the price trend of BTC, this movement is driven by the destruction caused by war. When the war started, the market was in a state of tension. Whether it was the attack on Tehran, the strikes on Dubai and Abu Dhabi in Iran, or the blockade of the Strait of Hormuz, the impacts were primarily concerns over political instability and fears of rising oil prices and inflation.

Looking at Bitcoin data, the turnover rate actually increased over the weekend, but the trading volume didn't change much. This indicates that a small number of investors are panic selling, mainly due to geopolitical conflicts. Although Mullah Menaei may have already died, negotiations between the US and Iran are not yet complete. Hopefully, the conflict will end here.

After all, today is still the weekend, and liquidity remains poor. The volatility caused may not have fully subsided. We need to watch the opening of two markets on Monday: one is the CME opening, to see Asian investors' reactions, and the other is the US stock market opening, to observe American investors' responses. Today is Sunday; let's hope things calm down a bit. A rebound to around 68,000-68,600 could be a good point to consider shorting. $BTC