Good morning, everyone. Is this quiet market a prelude to a storm?

In the past two days, the broader market’s 4H and daily chart trends have been stuck in a narrow sideways range, with overall volatility not very high. Ethereum and most altcoins are also following the same oscillation, so in the short term we still need to keep waiting for the broader market to break and change direction. What to watch is whether the broader market can hold 76,000, and then start slowly building a base.

So why is the broader market fluctuating so little? Mainly because the market is waiting for the subsequent developments in the relationship between the U.S. and Iran—like we mentioned before: is it going to be war or peace. Everyone is waiting for news from Trump. As a result, during the most recent 5 trading days, institutional ETF flows saw net outflows of about 1.6 billion USD, while yesterday the net outflow was only about 3.85 million USD. Institutions have also entered a wait-and-see mode. Since institutional trading volume is low, they remain cautious, which is why the current price action looks flat and the market has moved into a short-term quiet period.

Therefore, today BTC is likely to behave the same as the past few days. The short-term overall fluctuation range is 76,000–77,500. ETH is weaker, generally oscillating in the 2,050–2,150 range. SOL is also chopping with a downward bias, with a range of 82–85. The key focus is that if the broader market loses 76,000, there could be another wave of accelerated sell-off. Also, since most altcoins—such as ETH and SOL—have already shifted to oscillating lower, it’s especially important that everyone pay attention to risk control and position management.