Bitcoin is currently in a consolidation phase within a relay triangle, and on March 12, the news of Iran's attack on a U.S. cruise ship pushed crude oil close to $100, with war risks escalating for a second time, continuing to strengthen the bear market macro logic. On the technical side, the daily chart closed with a doji (relay model), and the 4-hour MACD continues with decreasing volume and a near-death cross, with the direction undetermined but downward pressure remains. Operationally, continue to hold short positions near A-Leng 70,000 waiting for direction confirmation; today's key focus is on the 72,250～72,600 bearish butterfly short positions (first profit-taking must be executed quickly); after the triangle breaks downward, catch rebounds at 66,400 / 66,250 levels with long positions (strict small stop losses and quick profit-taking); 75,100 left-side short positions on standby without urgency; regarding ETH, this Thursday's BlackRock ETF landing on Nasdaq requires high vigilance regarding "good news landing" risks, historical precedents are clear. Large-level 57,700～56,600 golden pit spot DCA strategy remains unchanged.