Good morning, everyone. A new week is starting.

First, let’s take a look at what market news from the weekend to today is worth watching.
The situation in the Middle East is still the biggest variable for the current market. Tensions between the US and Iran have not eased. US military actions against Iran are still ongoing, and security issues around the Strait of Hormuz continue to tug at global market nerves. Geopolitical risk has not cooled down for a long time, keeping risk-avoidance sentiment elevated. Safe-haven assets such as gold and crude oil have attracted 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 US factory investment. Tech giants like Microsoft, Alphabet, Meta, and Amazon are also set to release their earnings reports toward the end of this month. What the market cares more about is whether they will continue to increase AI capital expenditures. If capital expenditures keep growing, it remains a positive signal for the entire tech sector.
Now let’s look at the crypto market. Although the overall market trend has been relatively flat recently, institutional funds have not clearly retreated. Over the past 5 trading days, crypto ETFs have still maintained net inflows, with cumulative inflows of about $181 million, suggesting that institutional funds overall still prefer buying on dips, with no signs of large-scale exits.
From the board perspective, the overall market is still in a range-bound, choppy phase and has not truly entered a turning point stage. The biggest factor affecting the market lately is still the US-Iran situation. Since news changes day by day, funds naturally remain cautious, making it difficult 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 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 US stock earnings season can bring fresh catalysts to the market. If there is no clear improvement in the news flow, the broader market is expected to keep trading in a range, and in terms of strategy, continuing with day-to-day short-term trading is enough.
From a technical perspective, BTC’s daily chart is still in a narrow range. Although bulls have tried to break upward multiple times, the rebound strength is not strong enough. Tonight’s performance after the US stock market opens is still worth paying close attention.
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, staying patient matters more than trading frequently. Wait until the direction truly comes out, then follow the trend.
$BTC ‌$ETH ‌$SOL ‌