The early train of Bitcoin market trend: The current core state of the market: BTC long and short sides are deadlocked, and negotiations between the US and Iran are deadlocked! Our strategy is also to focus on static braking and observation first! 1) The daily trading volume is only 3829, extremely shrinking - both long and short are in the same direction; 2) ETF net inflow for 5 consecutive days - strong institutional buying, but prices have not risen synchronously; 3) The stalemate between the United States and Iran continues - both sides speak their own words, and it is difficult to make a breakthrough in the short term; 4) Oil prices rise to around $100- inflationary pressure increases, unfavorable for risk assets; 5) The long position at the four hour level has sharply decreased, while the short position is also weak, and the main force of short positions has not entered the market; Core principles: Extremely shrinking trading volume, no heavy positions, no betting on direction. Wait for a breakthrough or break in volume before following up. Short term strategy (today and tomorrow): The current trading volume is extremely shrinking, and it is recommended to adopt a wait-and-see approach. Mid line short position strategy, mid line short positions can continue to be prepared, but do not rush to short immediately: 1) At present, it is still in the stage of high-level oscillation and accumulation, and we will lay out our strategy after the direction is confirmed; 2) If the price falls below 74500, you can chase short on the right side, with the first target being 72000; 3) If the price rebounds to 78000-79000 and there is a bearish signal, place medium-term short orders in batches; Our predicted downward target for Bitcoin's medium-term trend remains unchanged: the first target is 7000-71500, and the ultimate target is 45000-50000.