Bitcoin is currently in a consolidation phase within a relay triangle, awaiting directional confirmation. On March 12, news of Iran's attack on a US cruise ship pushed crude oil back toward $100, upgrading war risks to a secondary level, and strengthening bearish macro logic. On the technical side, the daily chart closed as a doji (relay model) and the 4-hour MACD continues to contract with a slight death cross bias—direction remains undefined but downside pressure persists. Operationally, hold short positions around 70,000 and wait for directional confirmation; today's key focus is the 72,250～72,600 bearish butterfly short (first profit target must be executed quickly); after the triangle breaks downward, take bounce longs at the 67,400 / 66,250 levels (strict tight stops and quick profit-taking); 75,100 left-side shorts are on standby. Regarding ETH, BlackRock's ETF landing on Nasdaq this Thursday requires high vigilance against "positive news priced in" risks—historical precedents are clear. Large-level 57,700～56,600 golden pit spot DCA strategy remains unchanged.