$BTC Today, it hasn’t broken above 783 and the market is still weak. Influenced by the sell-off in US Treasuries, US stocks are also relatively weak. Oil is still running at high levels, which increases the risk of stagflation, and the probability of the Federal Reserve raising interest rates is actually even higher. Overall, it’s bearish. Right now, on the 1-hour timeframe, it looks bullish, with a chance to move toward around 790. Below, around 760 is the defensive zone; if it breaks down, it may head toward 710–720.

The impact of the US-Iran situation on the broader market is no longer that significant. In the end, there will be reconciliation—it’s just a matter of time. What’s happening now is the back-and-forth between Trump’s loud talk and Iran’s lack of trust. The Strait of Hormuz has already started to see ships passing through one after another, including ships from Japan and South Korea. Remember, 26 ships passed in a single day, and things are slowly improving.

Nvidia’s earnings report: revenue of 81.6 billion, exceeding expectations—that’s a good thing. At the same time, it also announced an 80 billion stock buyback, which is the US stock buyback mechanism I mentioned earlier; it’s relatively healthy.

Recently, you can pay attention to $HYPE and $ZEC . One is a leader in decentralized contract exchanges, and the other is a leader in the privacy track. It’s not recommended to enter now since prices are high—pay attention to risk control. If you miss these two coins, you can still look at privacy coins like Dash and Zen, and for exchanges, Light.

One more thing worth noting: both the US and Russia are close to completing cryptocurrency regulatory bills, but only Japan has banned it—this is a bit out of step with the historical trend!