📝 Review:On Thursday, the US dollar index fell, ultimately closing down 0.22% at 100.79, affected by the slowdown in April retail sales growth and an unexpected decline in the monthly PPI. The benchmark 10-year US Treasury yield closed at 4.4350%; the more policy-sensitive two-year US Treasury yield closed at 3.9820%.

USD/JPY 145.608  Sell  Target Price  144.896

📝 Review:Spot gold closed up 1.97% at $3,239.21 per ounce on Thursday due to weak U.S. economic data, a weaker dollar, and Putin's absence from talks in Turkey. Spot silver finally closed up 1.30% at $32.62 per ounce.

Gold 3239.47  Sell  Target Price  3121.00

📝 Review:Due to market expectations that the U.S. and Iran will reach a nuclear deal, leading to increased supply, WTI crude oil fell 2.63% to close at $61.17 per barrel; Brent crude oil fell 1.89% to close at $64.53 per barrel.

WTI Crude Oil 61.269  Sell  Target Price  59.972

📝 Review:The Dow Jones Industrial Average rose 0.65%, the S&P 500 Index gained 0.4%, and the Nasdaq Composite Index fell 0.18%. Apple (AAPL.O) and Nvidia (NVDA.O) both dropped about 0.5%, while Coinbase (COIN.O) fell more than 7%. The Nasdaq Golden Dragon China Index declined 2.37%, with Alibaba (BABA.N) down 7.5% and NetEase (NTES.O) up over 14%.

Nasdaq 100 21321.875  Buy  Target Price  21605.129

📝 Review:From the overall trend, the Bitcoin market currently shows a slight dominance by the bearish side. As of the time of writing, the Bitcoin price is below the 102,500-point mark. Although the 4-hour cycle trend has not yet formed a clear consolidation structure for Bitcoin, the 3-hour cycle has already shown early signs of this, which deserves our close attention and in-depth consideration. Because once the price effectively breaks below the lower boundary of this consolidation range, the market is likely to experience a relatively significant pullback. The intensity of this retracement could even directly shift Bitcoin's daily trend into a downtrend, with the key support level below roughly around the 916,000-point mark. Personally, I believe that Bitcoin's recent rebound strength shows signs of gradual weakening, and the market could reverse at any moment in the current phase. Ethereum's situation is similar to Bitcoin's, also facing comparable market patterns and trend change risks. If both Bitcoin and Ethereum, the two major mainstream cryptocurrencies, experience simultaneous declines, it could very likely trigger a waterfall-like drop across the entire altcoin market. Therefore, regardless of how the market evolves in the future, at the current position, it is not suitable for heavy positioning. Investors are advised to adopt a wait-and-see approach for now, maintaining sufficient patience for clearer market structure signals to emerge. Once the timing is more mature and the trend clearer, corresponding operational decisions can be made to better control risks and improve the probability of investment success.

BitCoin 103683.5  Buy  Target Price  105733.5