☀ Good morning—Bro Hao’s Morning News “Don’t rush to bottom-fish! A geopolitical storm + a slump in US stocks—an oncoming crypto market downpour!”

Good morning, everyone—Friday is finally here!
Last night, all three major US stock indexes closed lower across the board, with clear pullbacks in technology and semiconductor sectors. The main reason is that the situation in the Middle East is still not over. The US military continues to strike Iran-related targets, and Trump’s side hasn’t backed down either. The market is watching to see whether things might cool off, but in the short term, this geopolitical risk really makes capital less willing to move aggressively.

Under this pressure, the crypto market is also getting squeezed. The overall market is currently hovering around 63,500, with a weak trend. The intention of probing lower through consolidation is fairly obvious, and there’s still no clear sign that the sell-off is ending.

On the Federal Reserve side, there aren’t major ripples. Although officials are still talking about inflation proving to be sticky and high rates needing to be endured a bit longer, the July meeting will most likely keep interest rates unchanged, and the market already has that expectation.

Now it all comes down to two things: first, whether US stocks can stabilize—if they keep falling, crypto will be hard to stay out of; second, whether there will be any sudden developments in the Middle East—whether it escalates or eases, it will directly affect short-term sentiment.

Key support levels to keep an eye on:
$BTC around 62,000 $ETH around 1,800 $SOL around 73

Overall, the market is still waiting for direction. For short-term trading, remember to control position size and take profits when you’re ahead.
Wishing everyone a smooth final battle before the weekend, and may your wallet get fatter 💰
‍#PreIPOs第二期OpenAI认购