3.23 Big Pie Public Thinking

Geopolitical: Middle East tensions escalating (Trump's ultimatum to Iran), risk-off sentiment intensifying, BTC viewed as high-risk asset facing selling pressure
Macro: Fed hawkish stance, strong dollar, rising US Treasury yields, suppressing crypto market
Liquidity: Institutional ETF inflows continuing (5 consecutive days +$767 million), but difficult to reverse downtrend in short term
Selling pressure: Miners/some institutions selling BTC shifting toward AI computing power
Today: Bears dominating, weak consolidation at bottom, rebounds treated as bull traps.
Main strategy: Rebound highs as primary shorts, spot holdings await right-side signals.
Key observation: 68,000 support, 70,000 resistance, Middle East situation and evening macro data. #Gate13周年全球庆典 $BTC