U.S. Treasury yields have broken above the 5% threshold, trading in a high-range, volatile pattern. This has kept pressure on U.S. stocks, which are showing a narrow-range, divergent trend. Bitcoin, spurred by favorable regulatory news, has seen a short-term rebound; however, the high-interest-rate environment is still weighing on risk assets from above. Oil is being pulled between geopolitical concerns and inventory changes, oscillating after pulling back from recent highs. Technically, major indices are facing a battle around key moving averages, while relative strength indicators are fluctuating in a neutral zone. Investors should observe macro developments rationally and implement strict risk controls.