Bitcoin market review:

1) The birth and reversal of a trend will last for a period of time; BTC is currently in a phased downward trend. The previous upward trend lasted for 20 days, and this downward trend will take about 15 days;

2) BTC has its own downward adjustment needs. The Middle East war only accelerates the decline. Once the US stock market accelerates its decline, BTC will also accelerate to bottom out;

3) The view of the first target price of 555 and the second target price of 525 is still maintained.

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