The market changes so quickly, I don't really have the ability to trade short-term, so I've just been buying dual currency and in a watching mode during this time. My viewpoint is very simple: as long as it drops to a price level I find appropriate, I will buy, without going short or going long. Just a moment ago, I was lamenting the escalation of war and the rise in oil prices, with U.S. oil exceeding $100, and even $BTC about to drop below $69,000, and then the next moment the IEA announced that member countries would provide 426 million barrels of oil, and it can be released for use now.

This isn't over yet; the U.S. Treasury approved the sale of Russian crude oil and oil products that have already been loaded onto ships, effectively using Russian oil to mitigate the price increase caused by the war. After these two news announcements, the price of U.S. oil dropped directly from $100 to a low of $92, and is currently holding around $94, corresponding to a slight rebound in U.S. stocks and Bitcoin.

This is also why you should not leverage easily in the current market. After all, it is driven by events now; sometimes just a second ago, people were calling for a bull market, and the next second it turns into a bear market due to an attack. The current market is too sensitive to information, and one should still maintain caution.

Looking back at Bitcoin's data, the turnover rate has slightly increased, and trading volume has risen. The main participants in the turnover are still short-term investors, especially those who have been bottom-fishing in the last two days showing very significant turnover. The other chip structures are very healthy and normal, as mentioned in the pinned weekly report. The current price fluctuations are still mainly driven by the war.

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