Good morning, everyone. A new week is starting.


First, let’s see what market news from the weekend to today is worth paying attention to.
The situation in the Middle East is still the biggest variable in the current market. Tensions between the United States and Iran have not eased, US military actions against Iran are still ongoing, and the security issues in the Strait of Hormuz continue to tug at global markets. Geopolitical risk has yet to cool down, which keeps risk-off sentiment elevated; safe-haven assets such as gold and crude oil are drawing attention, while risk assets like US stocks and the crypto market continue to face pressure.
In the technology sector, last week semiconductors overall performed weakly, and many chip stocks saw clear pullbacks. However, from an industry perspective, AI investment has not slowed down. For example, TSMC continues to expand its investment in US factories; tech giants like 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-related capital expenditures. If capital spending keeps growing, it would remain a positive signal for the entire tech sector.
Next, let’s look at the crypto market. Although the overall market trend has been relatively calm recently, institutional capital has not clearly retreated. In the last 5 trading days, crypto ETFs have still maintained net inflows, with cumulative inflows of about $181 million, indicating that institutional capital is still generally inclined to buy the dips, and there has not been a large-scale exit.
From the order book and price action, the market is still in a choppy, sideways range and has not truly entered a turning-point phase. The biggest factor affecting the market lately is still the US-Iran situation—messages change day by day, so capital naturally stays cautious. Therefore, it’s not easy for a one-way trend to emerge in the short term.
Personally, I think the broader market will keep focusing on consolidation and range trading, and we need to wait for more new catalysts to break the balance. The focus is still on the development of geopolitical conditions, and whether this week’s US stock earnings season can give the market a fresh push. If the news flow does not improve significantly, the broader market is expected to remain range-bound consolidation, and in terms of trading, sticking to intraday short-term setups should be enough.
From a technical perspective, BTC’s daily chart is still in a narrow-range consolidation. Although bulls have tried to break higher multiple times, the rebound strength is not strong enough, and tonight’s performance after the US 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 state, patience matters more than frequent trading—wait until the direction truly moves out, then follow along with the trend.
$BTC ‌$ETH ‌$SOL ‌
GLDX1.90%
PAXG1.42%
TSM4.75%
MSFT-1.16%
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