Although I am not well-versed in technical analysis, it is indeed evident from yesterday's performance that the decline was caused by an event, and this event is not a systemic negative factor. It is more about concerns regarding Tesla and the turmoil in the U.S. government. However, the actual positive news yesterday was also quite good, as the consensus reached between China and the U.S. made Asian investors on Friday morning both laugh at the situation and pick up the bloodied chips.

Friends who accurately bottomed out Tesla at $274 are already making profits. In just 24 hours, both $BTC and U.S. stocks have returned to the positions they were in before yesterday's argument, which confirms that saying: the price hasn't changed, but some friends have lost their positions.

The current market is event-driven. In the face of short-term trends driven by events, technical analysis, macro factors, and data are all useless; emotions are what dominate.

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