Good morning, everyone. A new week has begun.

First, let’s take a look at the weekend through today—what market news is worth watching.
The situation in the Middle East remains the biggest variable for the market. Tensions between the United States and Iran have not eased; U.S. military operations against Iran are still ongoing, and security concerns around the Strait of Hormuz continue to affect global markets. Geopolitical risk has yet to cool down, keeping risk-avoidance sentiment elevated. Safe-haven assets such as gold and crude oil are drawing attention, while risk assets like U.S. equities and the crypto market continue to face pressure.
For the technology sector, last week’s performance for semiconductors was generally weak, and many chip stocks saw clear pullbacks. However, from an industry perspective, AI investment has not slowed down. For example, TSMC is continuously expanding its U.S. factory investment. Meanwhile, tech giants such as Microsoft, Alphabet, Meta, and Amazon will release their earnings reports toward the end of this month. What the market cares about most is whether they will continue to increase AI capital expenditure. 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 trend has been relatively quiet recently, institutional capital has not shown any obvious retreat. Over the past 5 trading days, crypto ETFs have still maintained net inflows, with cumulative inflows of about $181 million. This suggests institutional capital overall is still more inclined to buy the dip, with no sign of a large-scale exit.
From the chart, the overall market is still in a consolidation/sideways range and has not truly entered a turning-point phase. The biggest factor affecting the market recently remains the U.S.-Iran situation. With news changing day by day, capital naturally stays cautious, so it’s not easy to see a one-way trend in the short term.
Personally, I think the broader market will continue to focus on range-bound consolidation and reorganization, and it needs to wait for more new catalysts to break the balance. The key remains watching developments in the geopolitical situation, and whether this week’s U.S. stock earnings season can bring fresh momentum to the market. If the news flow does not improve significantly, the broader market is expected to remain in range-bound consolidation, so on the trading side, sticking to intraday short-term moves is still appropriate.
From a technical perspective, BTC’s daily chart is still showing narrow-range consolidation. Although the bulls have tried 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 close attention.
In the short term:
For BTC, first watch the resistance around 66,000;
For ETH, watch resistance near 1,930;
For SOL, watch resistance near 78.5.
Overall, in this kind of sideways chop, maintaining patience matters more than trading frequently. Wait until the direction truly becomes clear, then follow the move accordingly.
$BTC ‌$ETH ‌$SOL ‌