A series of economic and financial data affecting the encryption market has been released. PPI boosts, market sentiment significantly warms up, the three major indexes of the overnight US stocks all rise, with the S&P 500 rising by 1% and the Nasdaq rising by 1.5%. Gold surges towards the $3000 mark, gold stocks make a strong comeback, and both the stock market and Bitcoin show stronger performance. The gold market is moving towards the target of $3000 per ounce. In the past few years, the buying frenzy of Central Banks around the world combined with the economic uncertainty brought by Trump's policies have made gold's performance stand out from other assets. In contrast, gold mining stocks, which have lagged behind since 2024, are starting to catch up and perform excellently. However, in the long term, despite gold continuously hitting new historical highs, its rise compared to the strong increases in BTC and US stocks still appears moderate.

BTC overnight retracement rebounded, still oscillating widely! After experiencing a significant oscillation and decline, the price attempted to break through the high point near $98,000 but failed to hold, and quickly fell back. During this time, the bulls tried to counterattack several times but were suppressed by the bears, causing the price to break through several key support levels, finally stabilizing temporarily near $95,000. Recently, BTC's trend has been a bit erratic, but overall it seems like being pulled down by a rope. Although the price occasionally surges, it is quickly pulled back down after each rise. In simple terms, the market is currently short of money and confidence. With a little effort from the bears, the price easily can't hold up. The candlesticks are interlacing between bulls and bears, and the overall range is moving downwards. The coin price continues to consolidate below the daily middle track, with a focus on the breakthrough situation of the support level at $94,000 and the resistance level at $98,000. Currently, there are no clear signs of a breakthrough at these two key levels, so it is recommended to continue with a strategy of selling high and buying low.

Ethereum follows the same trend as BTC. After probing the low point of 2611 in the evening, the bulls ushered in a rebound, currently rebounding to around 2678. From a detailed analysis of the technical architecture, we can easily see that the market is steadily advancing along the bullish trajectory, with an unstoppable momentum of regaining lost ground. Although there are occasional fluctuations in the short term, the overall pattern is stable, and the retracement is particularly moderate. The bearish forces are clearly weak. From a short-term perspective, the bullish strength shows extraordinary resilience. After a pullback, the bulls can quickly rebound and recover, showing a slightly strong trend. At present, due to the lack of sufficient momentum, the bulls are continuously accumulating strength. The focus is on the breakthrough and stabilization of 2720-2750-2800 to determine the future market direction.