After central bank meetings and economic data are revealed, the market seeks balance again as wait-and-see sentiment gradually shifts toward range adjustments. U.S. Treasury yields remain at high levels and consolidate, suppressing rebound dynamics in U.S. stocks and keeping crypto’s high-level recovery in check. Bitcoin stays in a tight sideways trading range around key levels. Oil, caught between geopolitical risks and supply-demand headlines, continues to fluctuate at elevated levels. Technically, major indexes are engaged in a fight around moving averages, while relative strength indicators hover in neutral territory. Investors should observe market developments rationally and strictly implement risk controls.