I am still cautious about BTC tonight and my judgment is biased towards a decline. In the past 24 hours, the main trend in the foreign market has not been the currency itself, but the situation in the Middle East has experienced another setback. Reuters reported today that Saudi facilities have been hit again, the Strait of Hormuz is nearing closure, and oil prices have peaked again, which will further pressure market expectations for inflation and interest rate cuts within the year. On the other hand, Reuters' Market Morning Post and CoinDesk are both talking about the same thing: funds are waiting for new inflation data and weekend negotiation results, and risk appetite has not really been relaxed. The market is also quite honest. BTC has repeatedly touched around 73000 in the past two days, but has not stabilized three times, indicating that the selling pressure above is still present. Looking at the funding side again, there are signs of continuous outflows from ETFs, and CME Bitcoin futures holdings have also fallen to a 14 month low, indicating a weak willingness of large funds to chase higher prices. Although the US stock market did not collapse, it seemed more like it was barely supported by expectations of geopolitical easing and did not provide additional growth to the cryptocurrency industry. So tonight until the weekend, I prefer BTC to weaken a bit, leaning towards a retracement of 71000, and at an extreme, I don't rule out trying 70000. Unless we can increase our trading volume to 73000 in the future, we won't truly become stronger now.