Hey fam, what's up! Bitcoin's current market situation has shifted! On the bullish side: ETFs have seen a net inflow of $21.44M for three consecutive days, and BlackRock's IBIT has been consistently buying $54.8M worth. Last week, BTC rose 6.8%, marking its best performance since March. But here comes the bearish pressure: The U.S.-Iran conflict is escalating, with U.S. airstrikes hitting 80+ targets in Iran. Risk-off sentiment is rising, the dollar is strengthening, and risk assets are under pressure. Stablecoin liquidity has shrunk by $7.7B, and liquidity in the crypto market is being drained. BTC has pulled back from $64.5K and dropped below $62K, now testing the $62,000 support level. The four-hour bearish volume isn't strong, but the bullish volume has also shrunk significantly. The current key issue: ETFs are buying, but geopolitical tensions are dragging the market down. If $63,000 breaks, $62,000 is the last line of defense. If $62,000 shows a high-volume long lower shadow → consider a light long position; If it breaks with a high-volume full-body bearish candle → go short and target $60,000. Based on bullish/bearish volume and fund flow data, I personally lean toward Bitcoin pulling back to around $61,500 before continuing to rebound. We're still in a broad-range consolidation phase. If you're not a professional contract trader, I recommend staying on the sidelines and holding no positions for now.