1️⃣ $BTC: Bears failed to hold the previous day's Value Area High (VAH), and the price is now targeting the previous day's Value Area Low (VAL). This is a textbook move. Stay steady!
2️⃣ $ETH: Finally touched 3300, only to drop back down immediately. Can we get some momentum here?
3️⃣ $SOL: The Solana ecosystem meme coin "114514" saw its market cap plunge to $4.3 million, a drop of over 90% from yesterday's high. A classic case of "easy come, easy go."
4️⃣ Precious Metals: Gold opened high and kept climbing, hitting the $4,450 mark and reaching a one-week high. Silver also surged, up 5.42%. You have to hand it to precious metals—absolutely beast mode!
5️⃣ Geopolitics: The Swiss government announced a freeze on assets belonging to Maduro and his inner circle. Historically, every major international asset freeze serves as a long-term bullish catalyst for #Bitcoin.
6️⃣ Regulation: Democratic lawmakers plan to introduce a bill regarding prediction markets this week to ban government officials from profiting via insider information. This feels like a direct shot at Polymarket, haha.
7️⃣ ETFs: Bloomberg ETF analysts report that BlackRock’s IBIT ranked 10th among all ETFs for inflows on the first trading day of the US stock market.
8️⃣ MSCI: MSCI stated they will not be removing companies like MicroStrategy from their equity indices for the time being. This suggests a low probability of a "blow-up" for top-tier MicroStrategy-linked firms in the short term.
Market Outlook
#BTC is lagging a bit this time. While Gold and Silver are hitting new highs and US stocks are rallying, Bitcoin hasn't kept pace, continuing to oscillate in the $92,000 - $93,000 range.
Although it looks slightly weak, the overall trend is established. Today’s key watchpoint: Can BTC break through and hold above $94,000?
