Latest news confirms that the US-Iran agreement has been electronically signed, the shipping traffic through the Strait of Hormuz has resumed, and the expected easing of crude oil supply will suppress oil prices and ease global inflation pressures. Market expectations for rate cuts are warming, and the clearing of geopolitical risks will also gradually direct safe-haven funds toward risk assets, providing medium- to long-term support for the market. However, the US has made it clear that it will not unfreeze Iran-related funds. Previously anticipated liquidity injections have fallen short, and this positive news has already been priced in by the market. Long positions may take profits, suppressing short-term gains. It is unlikely to see a sustained upward trend in the near term, with the overall market likely to fluctuate within a range. Attention can be paid to the emotional fluctuations brought by the Swiss signing ceremony on Friday. $BTC $ETH $SOL

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