📝 Review:The dollar index closed down 0.76% at 98.69, pressured by weak U.S. manufacturing data to hit a nearly six-week low. U.S. Treasury yields fell first and then rose, with the benchmark 10-year Treasury yield closing at 4.445% and the 2-year Treasury yield at 3.947%.

USD/JPY 142.941  Sell  Target Price  142.027

📝 Review:The U.S. dollar weakened, coupled with increased trade war risks and geopolitical risks, spot gold surged by 2.8%, reaching a high of over $3,382 per ounce, and finally closed at $3,381.56 per ounce, hitting a more than three-week high; spot silver rose by 5.35%, closing at $34.73 per ounce.

Gold 3365.73  Buy  Target Price  3435.92

📝 Review:Geopolitical risks intensified, crude oil rebounded sharply, with U.S. WTI crude oil rising more than 5% during the session, finally closing up 3.45% at $62.89 per barrel; Brent crude oil closed up 3.47% at $64.91 per barrel.

WTI Crude Oil 62.507  Sell  Target Price  63.986

📝 Review:The three major U.S. stock indices collectively closed higher, with the Dow up 0.08%, the S&P 500 up 0.4%, and the Nasdaq up 0.67%. Nvidia (NVDA.O) rose 1.6%, Macy's (M.N) fell nearly 5%, and AMD (AMD.O) rose 3.5%. The Nasdaq Golden Dragon China Index closed up 0.5%, with Alibaba (BABA.N) rising 0.8%. After the U.S. ISM Manufacturing Index was released, the indices revisited their daily lows, but U.S. stocks turned higher on news of potential leader talks.

Nasdaq 100 21447.425  Sell  Target Price  20924.521

📝 Review:From an overall trend perspective, bearish forces dominate in Bitcoin. As of the market close, Bitcoin remained below the 106,000-point mark. Today, Bitcoin's price fell to the 144 moving average on the 4-hour chart and then consolidated sideways, failing to rebound quickly, indicating limited support at this level—otherwise, it wouldn’t have lingered for so long. If Bitcoin fails to stage a strong rebound during the U.S. trading session, it can almost be confirmed that it will break below the 100,000-point threshold. Ethereum shows a similar trend, with its price retracing to the 144 moving average on the 3-hour chart and also entering a sideways consolidation. Personally, the market structure of Bitcoin has shifted, making it difficult to return above the 110,000-point level in the short term. Unless there is a major unexpected development, it is highly likely to initiate a daily-level downtrend, and altcoins may also experience a significant decline. This is a risk point that the current market needs to be wary of—do not blindly turn bullish just because short-term trends appear strong.

BitCoin 106234.7  Buy  Target Price  108883.4