Good morning, everyone. A new week has started.

First, let’s look at the market news worth paying attention to from the weekend to today.
The situation in the Middle East remains the biggest variable in the current market. Tensions between the United States and Iran have not eased, and the U.S. military’s operations against Iran are still ongoing. Security concerns around the Strait of Hormuz continue to tug at global market nerves. Geopolitical risk has yet to cool down, which has kept risk-off sentiment running hot. Safe-haven assets such as gold and crude oil are seeing attention, while risk assets like U.S. stocks and the crypto market continue to face pressure.
As for the technology sector, last week the semiconductor space overall performed weakly, and many chip stocks saw clear pullbacks. However, from an industry perspective, AI investment has not slowed down. For example, TSMC has continued to expand its investment in U.S. factories. Tech giants such as Microsoft, Alphabet, Meta, and Amazon are set to release their earnings reports by the end of this month. What the market cares about more is whether they will continue to increase AI capital expenditures. If capex keeps growing, it remains a positive signal for the entire tech sector.
Now let’s turn to the crypto market. Although the broader market trend has been relatively flat lately, institutional funds have not clearly withdrawn. Over the past 5 trading days, crypto ETFs have still maintained net inflows, with cumulative inflows of about $181 million. This suggests institutional funds are still generally leaning toward buying the dip, with no signs of a large-scale exit.
From the board perspective, the overall market is still in a range-bound, choppy trend and has not truly entered a turning-point phase. The biggest driver of the market recently is still the U.S.-Iran situation. With the news changing day by day, funds naturally remain cautious, so it’s not easy to break out into a one-way trend in the short term.
Personally, I believe the broader market should continue with a mainly range-bound consolidation, and it needs to wait for more new catalysts to break the balance. The focus is still on developments in the geopolitical situation, and whether this week’s U.S. stock earnings season can bring new momentum to the market. If the news flow doesn’t improve noticeably, the broader market is expected to keep trading in a range. In terms of execution, sticking to day trading and short-term moves should suffice.
From a technical perspective, BTC’s daily chart is still in a narrow range. Although the bulls have attempted to break upward multiple times, the rebound strength is not strong enough. Tonight’s performance after the U.S. stock market opens is still worth paying close attention.
In the short term:
First watch the 66,000 area as resistance for BTC;
For ETH, watch resistance near 1,930;
For SOL, watch resistance near 78.5.
Overall, in this sideways, range-bound state, patience matters more than frequent trading. Wait until the direction truly shows up, and then follow the move accordingly.
$BTC ‌$ETH ‌$SOL ‌