The current crypto market is in a typical consolidation phase, with both bulls and bears holding their ground. Looking at the broader environment, the policy adjustments by the US towards a major oil-exporting country are indeed influencing Bitcoin's safe-haven attributes; at the same time, regulatory pressures and volatility risks within the industry always exist. But what's interesting is that institutional Bitcoin ETF inflows continue, indicating that long-term funds are not fleeing but rather positioning themselves.

In the short term, the tug-of-war for Bitcoin between $94,000 and $100,000 is the focus. Volatility is quite significant, so caution is necessary. If Bitcoin can hold above $94,000, then cryptocurrencies with strong correlation to Bitcoin, such as BCH, could follow suit. Once BCH breaks through the $700 mark, its explosive potential could be quite substantial.

Ethereum's fundamentals remain solid. As the preferred public chain for stablecoins, coupled with continuous dollar-cost averaging by major institutions and increasing staking rates, circulating supply is shrinking. Short-term momentum may ease, but the spot price below $3,000 still has considerable upside potential, especially when staking demand drives a structural rebound.

SOL is particularly worth watching. The meme sector's wealth effect is evident, and this enthusiasm directly boosts SOL's price. Active trading in the primary market continues to provide buying support. As long as meme hype persists, SOL's rebound trend has solid fundamental backing. However, caution is also needed regarding the risk of sharp fluctuations in Bitcoin at critical levels.