The recent ETF buying activity has had a significant impact on Bitcoin's price. Previously, it was 500 million, pushed up to 70,000, gaining 5,000 points. Yesterday, it was 225 million, pushed up to 690, gaining 3,000 points. Tonight, we need to pay close attention. If there is a large influx of ETF purchases, the price above 70,000 could rise further. If buying volume is insufficient, it may break below 650. Overall, recent international instability, the fluctuating US stock market and gold prices make technical analysis very difficult to predict accurately. It's better to watch less and act less.

Even when there's little decline during conflicts, prices still rise, which can easily create the illusion that prices will continue to go up, that a rally is starting, or that takeoff is imminent. However, I remain cautious. I still believe prices will fall, and there could be a big drop.

Let's see if we can see Bitcoin in the 5X range by March, or at the latest, by April.

Always respect the market, tread carefully as if walking on thin ice!
‍$BTC