📝 Review:On Monday, the U.S. dollar index rose sharply, breaking through the 98 mark during the session and continuing to climb, ultimately closing up 1% at 98.633. Most U.S. Treasury yields rose, with the benchmark 10-year Treasury yield closing at 4.417% and the 2-year Treasury yield at 3.93%.

USD/JPY 148.449  Buy  Target Price  148.948

📝 Review:Affected by the strengthening of the US dollar and the return of risk sentiment, spot gold fell for four consecutive days, with a short-term plunge during the US session, once approaching the $3,300 mark, before rebounding slightly and finally closing down 0.68% at $3,314.63 per ounce; spot silver closed flat at $38.17 per ounce.

Gold 3309.91  Sell  Target Price  3272.70

📝 Review:As Trump indicated he is considering shortening the 50-day deadline for the Russia-Ukraine peace agreement, international crude oil rebounded. WTI crude oil finally closed up 2.85%, at $66.7 per barrel, hitting a two-week high; Brent crude oil once surpassed the $70 mark, ultimately closing up 2.91%, at $69.57 per barrel.

WTI Crude Oil 66.529  Buy  Target Price  68.364

📝 Review:The three major U.S. stock indexes were mixed, with the Dow down 0.14%, the Nasdaq up 0.33%, and the S&P 500 slightly up. Nvidia (NVDA.O) rose nearly 2%, Tesla (TSLA.O) rose 3%, and Super Micro Computer (SMCI.O) rose 10%. The Nasdaq Golden Dragon China Index fell 0.69%, Alibaba (BABA.N) rose 1.7%, and EHang (EH.O) fell 5%.

Nasdaq 100 23386.850  Buy  Target Price  23540.740

📝 Review: Bitcoin continued its volatile trend last night, stabilizing around $119,000 as of 16:00 today, with a slight 0.3% drop over 24 hours and a fluctuation range of less than 1%. On-chain data shows that net outflows from exchanges have exceeded 12,000 BTC for eight consecutive days, maintaining supply tightness, though Grayscale's GBTC saw net outflows, reflecting divided market sentiment. The U.S. House of Representatives passed the GENIUS Act, signed by Trump, mandating stablecoins to be 100% backed by USD or U.S. Treasury bonds, providing policy certainty. However, the CLARITY Act faces uncertainty due to Democratic opposition. Bitcoin spot ETF inflows slowed, with $118 million on July 21, significantly contributed by BlackRock's IBIT, though institutional fund divergence intensified. The Federal Reserve will release a critical cryptocurrency policy report on July 30, but market expectations for regulatory clarity have cooled. Additionally, Trump Media & Technology Group's announcement of holding $2 billion in Bitcoin without new reserve plans failed to further boost market confidence. Technically, the 4-hour chart shows a symmetrical triangle consolidation pattern, with Bollinger Bands narrowing to a 30-day low and a volume ratio of just 0.57, indicating significantly reduced liquidity. The daily RSI rebounded to 55, MACD histogram contracted, and prices held above the mid-support at $116,500. However, the strong resistance at $123,300 remains unbroken, presenting a short-term "compressed spring" pattern. Overall, Bitcoin oscillates between policy tailwinds and technical adjustments, with focus on breaking $123,300 resistance and testing $116,900 support.

BitCoin 117716.7  Buy  Target Price  120627.0