US holds firm on Iran, Russia oil waivers; traders see low supply shock risk

What To Watch

• 1.BTC $68,500 — a sustained break below this key support level, especially on high volume, would signal a potential retest of the $65,000 range and a loss of bullish momentum.
• 2.Exchange Netflow (BTC) — a significant and sustained increase in BTC flowing into exchanges would signal increased selling pressure from whales or institutions, potentially leading to price depreciation.
• 3.Escalation of Middle East geopolitical tensions — a direct military confrontation involving major oil-producing nations could trigger a global energy crisis, leading to high inflation, aggressive central bank rate hikes, and a broad risk-off sentiment that severely impacts crypto asset valuations.