#美伊局势影响 Early this morning, the crypto market followed the US stock market higher, reaching a recent high. Bitcoin (BTC) briefly surpassed 74,000, with a 24-hour increase of over 7%; Ethereum (ETH) broke through 2,200, up 7.97% in 24 hours; Solana (SOL) exceeded 94, with a 4.71% 24-hour increase. The total crypto market capitalization is approximately $2.5 trillion, with BTC dominance around 58%. Trading volume increased by 15% in the past 12 hours, and the Fear & Greed Index is at 19, indicating extreme fear. Amid the Middle East conflict, which has impacted global stock markets and commodities, BTC has defied the trend to reach a one-month high, driving a recovery in the overall crypto market. After falling nearly 50% from its all-time high last October, BTC was in an oversold zone. Following the outbreak of this major conflict, traditional assets have plummeted, while BTC's relatively resilient performance has reinforced its phase "safe-haven narrative." The recent rally is mainly driven by three factors: 1. "Fiat currency devaluation" logic reasserted The escalation of the Middle East conflict increases global fiscal pressure, potentially boosting expectations of easing policies and deficit expansion, reinforcing the "fiat devaluation" narrative, leading some funds to reallocate into digital assets. 2. Expectations of easing in Middle East tensions Although the US has not responded, this news has strengthened market expectations that the conflict may not spiral out of control long-term, supporting risk asset sentiment recovery. 3. CLARITY bill nearing passage Aiming to clarify the legal status of stablecoins, which is positive for the crypto market.

3.5 Big Brother and Second Brother Silk Road From the four-hour chart, the market previously experienced continuous bullish candles and upward movement, indicating that the bullish momentum has been temporarily released. However, after reaching the upper band resistance, it encountered significant selling pressure. Multiple attempts to break higher were unsuccessful, with clear resistance above; combined with the Bollinger Bands failing to continue upward, the overall market is stuck in a range-bound tug-of-war. From the one-hour chart, the downward channel pattern has been clearly established. The upper boundary of the channel has become a key resistance level, with multiple previous attempts to probe this area confirming strong resistance. Based on the comprehensive cycle signals, the probability of a significant pullback in the market is relatively high. It is recommended to rely on resistance levels for rebound shorting, strictly control the pace, and implement proper risk management. Big Brother's buyback at around 73500, 74500, with a target below 69000; if broken, look at 67500. Second Brother's buyback at around 2070, 2120, with a target below 2060; if broken, look at 2020. #加密市场上涨 #比特币创下近一月新高 #美伊局势影响

JUST IN: The global remittance giant has announced the launch of USDPT, its own dollar-pegged stablecoin, using Crossmint's infrastructure and the Solana network.