Recent intelligence shows that there has been a significant shift in the international situation, with Trump expressing a willingness to negotiate. At the same time, Iran's negotiation aircraft has landed in Oman, and reports indicate that China and Russia are working to prevent the U.S. from launching military strikes against Iran. Meanwhile, Israel claims to have successfully destroyed facilities of the Iranian Ministry of the Interior, and the underground command center of Iran's Supreme Leader is reportedly also under airstrike. The U.S. military has deployed two aircraft carrier strike groups and about 400 aircraft in the Middle East, and observers believe next week will be a critical moment for the situation in Iran.

Analysts expect that, as a result, the market's sluggish state may last for about two more days, with a potential formation of a temporary bottom on the 21st to 22nd. Cautious investors may choose to wait and observe.

It is worth noting that on the afternoon of the 20th, Bitcoin suddenly surged over 2000 points at 1 PM, then maintained a sideways consolidation at a high level, showing an upward momentum. However, just one hour later, Bitcoin sharply dropped over 4200 points, demonstrating extremely high market volatility.

The key factor in the market currently remains the development of the situation in the Middle East, which constitutes the greatest uncertain variable. For investors with limited risk tolerance, it is advisable to adopt a wait-and-see attitude until the overall trend becomes clearer.