Friends, get ready for Bitcoin to directly slide down or experience choppy declines. Why so pessimistic? The ongoing US-Iran conflict, oil prices surging to $100, and the high likelihood that the U.S. clarity bill won't pass—these are all potential bearish factors. ETF institutional net inflows have also weakened, bullish momentum has diminished, and the daily chart is showing a classic bearish pattern with a rising wedge + volume-price divergence. These are all very real bearish signals.