$BTC Continue to watch the choppy consolidation, $ETH and focus on defending key levels.

Last night, the market had a violent wipeout: funds fled from the US AI sector, and the leading stock SNDK crashed 40% in half a month. Combined with the escalation of the US-Iran conflict and rate-hike expectations, global financial markets are seeing a major pullback.

Bitcoin is currently around 63,450. Although it looks relatively resilient, in this kind of macro environment it’s hard to break out into an independent trend. It will most likely keep spending more time consolidating. For support, first watch 60,450 and 58,450. For resistance, watch the 65,850 to 67,135 range.

For ETH, if the 1,835 level can’t be held, you may need to consider further trimming spot holdings and wait for a chance to buy back at lower prices.

This year, external macro factors are too chaotic, making trading very difficult. Everyone, make sure to protect your principal, set strict stop-losses, and be patient for opportunities to buy spot after a big drop. The bigger the storm, the more expensive the fish—but the prerequisite is controlling risk. Don’t fall before dawn.