Good morning, everyone. A new week has started.

First, let’s take a look at what news from the weekend through today is worth paying attention to in the market.

The situation in the Middle East is still the biggest variable for the current market. Tensions between the United States and Iran have not eased; U.S. military actions against Iran are still ongoing, and safety concerns regarding the Strait of Hormuz continue to keep global markets on edge. Geopolitical risk has yet to cool down, which has kept risk-avoidance sentiment running hot. Safe-haven assets such as gold and crude oil are drawing attention, while risk assets such as U.S. stocks and the crypto market continue to face pressure.

In terms of the technology sector, last week semiconductors overall performed weakly, and many chip stocks saw a clear pullback. However, from an industry perspective, AI investment has not slowed down. For example, TSMC continues to expand its U.S. factory investment, and tech giants such as Microsoft, Alphabet, Meta, and Amazon will release their earnings reports one after another toward the end of this month. What the market cares about more is whether they will continue to increase their AI capital expenditures. If capital spending keeps growing, it remains a positive signal for the entire technology sector.

Now let’s look at the crypto market. Although the overall market trend has been relatively calm recently, institutional capital has not shown any obvious retreat. In the past 5 trading days, crypto ETFs have still maintained net inflows, with cumulative inflows of about $181 million, indicating that institutional capital overall is still inclined to buy on dips rather than exiting at scale.

From the market board perspective, the overall trend is still a range-bound market; it hasn’t truly moved into a turning-point phase. What has most affected the market recently is still the U.S.-Iran situation. With developments changing day by day, funds naturally remain cautious, so it’s not easy in the short term to see a clear one-way move.

Personally, I think the broad market will continue mainly with consolidation and range trading, and it needs to wait for more new catalysts to break the balance. The focus remains on the development of the geopolitical situation, as well as whether this week’s U.S. stock earnings season can bring new momentum to the market. If the news flow does not improve meaningfully, the broad market is expected to keep range-bound oscillation, so in terms of strategy, continuing with intraday short-term trades is enough.

From a technical standpoint, BTC’s daily chart is still in a narrow-range consolidation. Although the bulls have tried to break upward multiple times, the rebound strength is not strong enough yet. After the U.S. stock market opens tonight, its performance is still worth paying close attention to.

In the short term:
For BTC, first watch resistance around 66000;
For ETH, watch resistance around 1930;
For SOL, watch resistance around 78.5.

Overall, in this kind of sideways environment, keeping patience matters more than frequent trading. Wait until the direction truly becomes clear, then follow the trend.
$BTC ‌$ETH ‌$SOL ‌