In recent times, regional tensions have been escalating continuously. Both sides have used hardline rhetoric and have stepped up confrontational measures. The intensification of core shipping lane blockades is increasing uncertainty in global energy supply, driving expectations of an inflation rebound. As this prolongs the period in which interest rates stay high, long-term elevated yields are strengthening; US Treasury yields have been rising and continue to weigh on risk assets. Funds are rotating into the US dollar and other traditional safe-haven assets, and there is no longer a pursuit of crypto assets. Combined with the fact that after a surge earlier, the bullish momentum has been exhausted and a large amount of profit-taking sell orders has accumulated at high levels, amid multiple macro headwinds converging, the market faces pressure for a sustained pullback and adjustment. $BTC $ETH #USDT充值理财双重奏 #ETH站稳1900美元