The biggest variable over the weekend remains Trump.

This time it's not Twitter trash talk, but real geopolitical moves.
Regarding Iran,
👉 #川普 's "access" probability has already significantly increased;
and #委内瑞拉 , it seems that oil negotiations are basically settled.
But what's interesting is—
The US embassy has already notified US citizens to evacuate Venezuela.
This step doesn't feel like "the deal is done."
More importantly:
It seems Trump has paused Venezuela's oil shipments to Cuba.
What does this mean?
👉 Venezuela's oil flow is being re-controlled by the US.
👉 Geopolitical uncertainty has not disappeared; instead, it exists in "a different form."
What the market truly cares about has never been political correctness,
but—whether these actions will affect asset pricing.
From $BTC 's price performance,
the market is currently accepting it.
The trend is very similar to the same period last week when "Maduro was detained":
US time, a slight upward move
Risk events ≠ panic selling
Instead, they are digested as macro noise
At least for now, BTC's reaction to this narrative is somewhat positive.
But it's still too early to draw conclusions.
Next, we need to look at three "answer sheets":
1️⃣ A few hours later, US stock futures open
2️⃣ Asian investors first express their stance
3️⃣ In the evening, observe how European and American funds vote
Only when all three sides have spoken can the direction be confirmed.
Returning to #Bitcoin 's own data.
A noticeable change on Sunday is:
👉's turnover rate has dropped sharply
👉 has fallen to the lowest level in recent months
What does this indicate?
On weekends without institutional, quantitative, or macro fund participation,
real investors have very little trading interest in the current price range.
No panic, no chasing highs.
Just—not very willing to move.
In terms of chip structure, there isn't much new on the weekend either.
I'm mainly waiting for two possibilities:
Whether it will return to around $90,000 to build a bottom
Or maintain around $83,000 to form a bottom structure
But one thing is clear:
👉 Investors with higher positions remain very highly committed.
No stampede,
No panic,
And no obvious stop-loss chains.
So the current market state is more like:
Uncertainty outside,
Chips are very quiet inside.
Prices haven't moved,
But that doesn't mean weakness.
It's more like waiting—
For the next truly meaningful catalyst.
At such times,
Patience is often the greatest test.