Although the overall performance of the risk market is poor today, the homework is relatively easy to write. Compared to yesterday's frequent incidents, today's focus is quite concentrated, and geopolitical conflicts have entered a substantive stage. Once war breaks out, the first reaction is often the price of oil. Therefore, I also recommend that those who are not interested in macro economics can use the fluctuation of US oil prices to easily judge the evolution of the situation. Although it is not entirely accurate, it is enough to save a lot of time reading news. As the situation in the Middle East worsens, many analysts believe that oil prices may not fall below $60 this year. Although energy prices are not included in core inflation, they will significantly push up overall CPI, especially for the United States, which is dominated by a wheel economy. Transportation, logistics, commuting, and even service industry costs may all increase accordingly. Higher inflation means that the Federal Reserve's monetary policy operating space is further limited, especially in the current situation where tariff issues have not yet been resolved, and investors' expectations are becoming pessimistic. If the United States is forced to become deeply involved in the conflict, it will not only increase the pressure on fiscal spending, but may also prompt the government to increase the scale of bond issuance, thereby further withdrawing liquidity from the risk market. So for the sake of our own wallets, let's prioritize world peace. Looking back at the data of Bitcoin, the amplification of price fluctuations has increased turnover rates, especially for investors who have been bottom fishing in the past two days. Some loss making investors have chosen to leave, while earlier investors remain indifferent. Through a large amount of data, it has been proven that long-term investors are not very interested in short-term price fluctuations. The support also maintains strong stability from $93000 to $98000, with some chips falling back to around $105000. Now the accumulation is beginning to increase, although it is not a big problem in the short term, if it continues to accumulate like this, the market will be forced to choose a direction again. Overall, the current market focus is still on geopolitical conflicts, especially as tomorrow is the weekend and liquidity will significantly decrease. If there is any positive or negative information during this period, it is likely to amplify price fluctuations. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex