Good morning, everyone. A new week has begun.

First, let’s take a look at the news from the weekend to today that’s worth paying attention to in the market.
The situation in the Middle East is still the biggest variable for the market. Tensions between the United States and Iran have not eased; the U.S. military’s actions against Iran are still ongoing, and safety concerns around the Strait of Hormuz continue to rattle global markets. Geopolitical risk has yet to cool down, which has kept risk-avoidance sentiment elevated. Safe-haven assets such as gold and crude oil are seeing attention, while risk assets like U.S. equities and the crypto market continue to face pressure.
As for the technology sector, last week’s overall performance for semiconductors was relatively weak, and many chip stocks saw noticeable pullbacks. However, from an industry perspective, AI investment has not slowed down. For example, TSMC continues to expand its investment in U.S. factories, and tech giants such as Microsoft, Alphabet, Meta, and Amazon are set to release their earnings reports toward the end of this month. What the market cares about more is whether they will continue to increase AI capital expenditures. If capital spending keeps growing, it remains a positive signal for the entire tech sector.
Now let’s look at the crypto market. Although the broader market’s recent trend has been fairly flat, institutional capital has not shown any clear retreat. Over the past 5 trading days, crypto ETFs have still maintained net inflows, with cumulative inflows of about $181 million, indicating that institutional funds overall are still inclined to buy the dip rather than large-scale exiting.
From the board, the overall market is still in a choppy, range-bound phase and has not truly entered a breakout or reversal stage. The biggest factor affecting the market lately has been the U.S.-Iran situation. Since news changes day by day, funds naturally stay cautious, so it’s not easy to form a one-way trend in the short term.
Personally, I think the broader market will continue to focus on consolidation and range trading, and we need to wait for more new catalysts to break the balance. The key focus is still the development of the geopolitical situation, as well as whether this week’s U.S. stock earnings season can bring new momentum for the market. If the news flow doesn’t improve meaningfully, the broader market is likely to keep maintaining range-bound volatility, and on the trading side, sticking to intraday short-term moves is enough.
From a technical perspective, BTC’s daily chart is still in a narrow-range consolidation. Although the bulls have tried to break upward multiple times, the rebound strength isn’t strong enough. Tonight’s performance after the U.S. stock market opens is still worth closely watching.
In the short term:
For BTC, first watch resistance around 66,000;
For ETH, watch resistance around 1,930;
For SOL, watch resistance around 78.5.
Overall, in this kind of sideways environment, patience matters more than frequent trading. Wait until the direction truly shows up, then follow the move.
$BTC ‌$ETH ‌$SOL ‌