Good morning everyone~

Although the US and Iran signed the agreement yesterday, the market did not buy it, and the overall market remained relatively calm, without the strong rally everyone expected.

It's actually not hard to understand, after all, this is not the final agreement, and both the US and Iran have lacked trust for many years. The market is worried that there might be further changes or even a new reversal later on, so funds are still quite cautious.

Additionally, Israel remains the biggest unknown. If Israel continues to take action against Lebanon, the Middle East situation could escalate at any time. Therefore, until these uncertainties are resolved, the market will find it difficult to truly loosen up and rally.

From the market perspective, the main trend on the daily chart is still sideways consolidation, with no clear signs of a trend reversal. In simple terms, funds are currently waiting—waiting for further developments between the US and Iran, waiting for the situation to become clearer before deciding on the direction.

In terms of capital flow, yesterday about $100 million flowed into BTC, which is a good sign, indicating that some institutional attitudes are gradually shifting from cautious to optimistic. However, there has been no obvious follow-up capital inflow into ETH and SOL yet, so we need to continue monitoring institutional fund movements.

Therefore, at this stage, I personally believe that the return of institutional funds is indeed positive, but it is not enough to directly push the market into a one-sided rally.

Without any new major news to stimulate, today is likely to remain mainly volatile.

BTC target range: 63,000–66,000

ETH target range: 1,680–1,780

SOL target range: 69.5–73.5

In terms of trading strategy, stick to the usual approach: quick entries and exits, control your positions, and avoid rushing to chase the highs. Once the market clearly shows a direction, then consider $BTC increasing your positions more safely.