The market is shrouded by geopolitical and macro pressures, maintaining a high-level sideways grinding situation overall. US Treasury yields have decreased, gold has surged and then retreated, and crude oil has rebounded significantly. Capital is switching between traditional safe havens and risk assets, and global market sentiment is cautiously waiting and observing. Bitcoin has neither followed gold to emerge with strong safe-haven characteristics nor surged significantly due to the overall rise in the US market, resulting in a temporary balance between bulls and bears, with volatility being noticeably compressed. The market primarily focuses on local opportunities, with only some altcoins and hot sectors experiencing rotational rebounds.
$BTC #Life Notes#