The power struggle in American politics is casting a long shadow over the market. Trump publicly threatened to sue and sought to dismiss Federal Reserve Chair Powell, seemingly targeting an individual but actually sending a tough signal to future central bank leadership. Market analysis generally believes that the Fed and the Treasury Department may move toward deep cooperation, which could alleviate U.S. debt pressure but ultimately is not a fundamental solution.

The situation in the East is also tense. After Trump met with the Israeli Prime Minister, Middle East risks have reignited. If Iran continues to advance its nuclear facilities and missile capabilities, Trump has expressed support for Israel to take action—this logic carries a clear suppressive tone, restricting Iran’s defensive measures and objectively intensifying regional conflicts. Such geopolitical conflicts often trigger turbulence in financial markets.

The reaction of Bitcoin has already become evident. Yesterday, the crypto world played out the classic "rise first, then fall": Bitcoin surged to $90,000 in the early session, then experienced a pullback, with market participants describing this pattern as "drawing doors." Currently, the market shows limited volatility, reflecting both bulls testing resistance levels and subtly hinting that buying momentum may be waning. The key observation window remains during the European and American trading hours, with short-term operations following the rule of "do not break the range, do not establish a new trend."

How to operate specifically? Bitcoin can be bought near 86,500, targeting the 88,800-90,000 range; if it hits resistance and cannot break through, consider shorting. Ethereum usually follows Bitcoin’s rhythm, with a similar pattern of first going long then short, supported at around 2,880, with resistance at 3,050.