I've recently noticed some interesting movements in Bitcoin. Last week, under the influence of various macro factors, BTC broke above around 71.5K, and although the 24-hour price increase wasn't too rapid, considering the geopolitical volatility over the weekend, this performance is quite steady. Mainstream coins like Ethereum and Solana also responded accordingly, and market sentiment doesn't seem as pessimistic.

What's even more interesting is the performance of the stock market. Despite expectations of a shock, U.S. stocks didn't fall much; the Nasdaq, S&P, and Dow all held up well. Economic data is also quite strong, with manufacturing PMI continuing to expand, and the Chicago Business Barometer far exceeding expectations. In this context, the expectation of the Federal Reserve cutting interest rates has basically disappeared, but the market seems to have already digested this fact. Crypto-related stocks are performing even better, indicating that the correlation between the stock market and the crypto space is changing.

Additionally, there's something interesting with XRP. Its price dropped from $1.36 to $1.33 on high trading volume, not due to liquidity issues but actual selling pressure. The $1.35 level has now become a resistance point; if the support at $1.33 breaks, further decline might follow. The shrinking volume combined with a weak rebound shows that sellers are still clearly in control.