Just caught up on today's market action and honestly there's a lot happening. BTC is sitting around 81.26K right now after that wild 30% run since the Iran tensions kicked off. What's interesting is the on-chain data—retail added over 23k BTC in the last month while whales accumulated 140k, which is a 2-year high. That's usually a bullish signal but the options IV is at record lows, which analysts say often precedes sharp moves either way.

The macro picture is messy though. Oil spiked to 105 on the geopolitical tensions, and US stock futures are down slightly. But here's what caught my eye: South Korea's KOSPI just hit a record high with a 5% surge, and China's Shanghai Composite finally broke above 4200 for the first time in over a decade. Meanwhile, memory chip stocks are going crazy—SK Hynix up 14%, Micron and SanDisk both over 15%. There's definitely money rotating around.

On the BTC front, the bears are making noise about a pullback to 74-75K, saying the current rally already priced in the CPI optimism. But the bulls counter that institutional flows and regulatory tailwinds could push us toward 87-95K if we hold support. Personally, I'm watching that 84K resistance level closely—if we can't break it, the bears might get their pullback. The Fear & Greed Index is at 48 (neutral), which suggests the market isn't overly euphoric at these levels.

Altcoins had a moment too. SUI jumped 25% on privacy feature news, UNI up over 30% on V4 hook narratives, and that GOBLIN meme coin surged 140% on some OpenAI naming rumor. Typical altseason stuff.

Key things to watch today: US April CPI data drops tomorrow and if it comes in hot, that could shake things up. BTC ETFs have seen 623M in net inflows for the 6th straight week, so institutional interest is definitely there. Just need to see if the macro data cooperates.