⚠️ The Russia-Ukraine situation is still far from truly ending. Former U.S. President Trump previously urged Russia and Ukraine to “cease fire for the long term,” but the latest response from Russia was very direct: 👉 There are currently no plans to extend the ceasefire. 👉 There is still a long way to go for a peace agreement. The Russian side even explicitly stated that it is too early to talk about “truly ending the conflict,” because the interests and details behind it are too complex. What does this mean? 🌍 Simply put— the “rapid cooling of geopolitical risk” that the market originally expected may not be so easy to achieve in the short term. 📌 On the downside: as long as war risk remains, global markets will continue to be affected. Energy, gold, and safe-haven sentiment for the U.S. dollar may all stay at high levels, while risk assets are prone to frequent back-and-forth fluctuations. BTC and ETH have seen a lot of volatility recently—this isn’t just a technical issue; it’s really global capital constantly shifting between seeking safety and taking risk. 📌 But there are also positives: what the market fears most is a sudden escalation in the situation. Although they can’t reach agreement right now, at least both sides are still maintaining contact, and things haven’t completely spiraled out of control—this is a form of temporary “buffer” for financial markets.