Recently crypto circle key focus‼️
1. The US expands Iran cryptocurrency sanctions, compliance risks are heating up; Middle East conflict boosts inflation, and Fed hawkish concerns flare again

2. Spot BTC ETFs continue to see net inflows, but the market is in an extreme greed zone; leverage at high levels is crowded, increasing liquidation risk

3. Overall news flow is neutral to mildly bearish; bulls have funding support, but short-term pullback sell pressure is heavier—at high levels, stay cautious of sudden downward spikes