3.1 Bitcoin Auntie Daily Outlook

This weekend's market movements can only be described with two words—out of control.

Technical analysis? Almost crushed by emotions. Yesterday, as the US-Iran conflict escalated, risk aversion sentiment exploded across the board, and the crypto market staged a waterfall decline. Bitcoin dropped to 63,000, and many people hadn't even reacted before their accounts were already liquidated.

Today, news once again triggered a surge—news of Iran's Supreme Leader Khamenei's death. Market sentiment eased, and the trend began a slow retracement.

The only key variable moving forward is whether the Iran conflict will escalate further or expand. As long as this threat remains, the market cannot truly stabilize.

Currently, the monthly volume decline is a genuine sell-off, not a false move. The larger trend remains bearish, with no clear signs of stabilization. The longer it drags on, the looser the positions become, and future rebounds will only weaken. If the price breaks below the established range effectively, it’s not just a correction—it’s a headlong rush to sell off. Trying to catch the bottom now is no different from taking a flying knife on the edge of a blade.

My stance remains clear: a rebound is an opportunity, but the main strategy is still to go short at high levels. Don’t be fooled by slow gains, and don’t let emotions dictate the rhythm. The true trend won't change because of one or two green candles.

Personal Recommendations:
Bitcoin: Enter at 67,800–68,500, with a target below at 66,000. If it breaks down, watch 64,500 and 63,000!
Auntie: Enter at 20,30–20,60, with a target below at 19,50. If it breaks down, watch 18,80 and 18,00!