Currently, international political figures are conducting intensive mediation in the Middle East: China and France are calling for ceasefire and dialogue, Russia and Iran continue consultations, and Putin is holding international calls to coordinate positions. On monetary policy, the Federal Reserve maintains interest rates at 3.5%-3.75% unchanged, with rate cut expectations postponed to 2027; the ECB remains on hold, raising inflation expectations to 2.6% due to energy price pressures; East Asia LPR has remained flat for ten consecutive months. The Middle East situation remains tense, with U.S.-Israel airstrikes on Iran escalating, Israel stating operations will continue for a week, the U.S. increasing military presence in the Middle East and considering tactical de-escalation, energy facilities in multiple Gulf countries affected, and shipping lane safety alerts activated. On the global front, Russia-Ukraine drone attrition warfare intensifies, and the humanitarian crisis in Sudan worsens. Digital currencies are overall volatile, with Bitcoin consolidating in a narrow range near $70,000, Ethereum gaining slightly, the market suppressed by high interest rates and geopolitical risks, institutional capital favoring mainstream coins, altcoins experiencing increased volatility, and market structure becoming more stable under stricter regulation. #TradFi首创多倍杠杆 $ETH