Let’s pay attention to the performance of international financial markets overnight: the Federal Reserve’s view of stopping raising interest rates after peak interest rates once again sparked controversy, causing Asian stock markets to fall, and the closing performance of U.S. stocks in the early morning was also unsatisfactory. The U.S. Nasdaq index rose slightly at the opening, but then fell below the opening price before rebounding again to close with a gain of 0.03%. The S&P 500 also opened slightly higher before falling below the open before rebounding again to close up 0.18%. Analysts believe that for a further breakthrough, the S&P 500 needs to overcome important resistance at 4,400 points. In the crypto market, Coinbase's stock price performed positively after the opening, but later fell by up to 1.97%, and finally closed with a gain of 0.66%. The U.S. dollar index climbed above 105 again and remained stable. Last week, the market's enthusiasm for the Federal Reserve to stop raising interest rates diminished and was also questioned.

The international Brent crude oil price was reported at US$84, and the international gold price was reported at US$1,972. Looking at the performance of crude oil and gold, we can see that the energy market and the international safe-haven market seem to have temporarily shrugged off the impact of the situation in the Middle East, which is a positive sign for the global financial system.

Then, let’s look at the performance of the crypto market. Bitcoin's performance last night was generally stable and in a normal range-bound state. However, based on the current trend, there seems to be a trend towards maintaining stability near 35,000 points. However, the 4-hour chart is about to enter a time period that may lead to changes in the market. We need to pay close attention to whether it will continue to break through the Bollinger Bands and rise, or fall back to around 34,000 points.

The support of the CME Bitcoin futures market still maintains a positive relationship with the spot price, but the positive price difference has dropped from yesterday's premium of 300 points to the current premium of about 200 points. The bullish sentiment in the futures market has also been affected to a certain extent. Later we will pay attention to the 24-hour capital changes and capital flows in the crypto market. #CME #BTC🔥🔥