US sanctions Chinese refinery, targets Iranian oil shipping amid tensions

What To Watch

• 1.BTC $68,500 — a daily close below this key support level would confirm a bearish breakdown from the current range, signaling a potential drop towards $65,000 as the next major support.
• 2.Stablecoin Dominance (USDT/USDC) — a sustained increase above 10% would signal a significant flight to safety and de-risking by investors, indicating a likely broader market downturn.
• 3.Escalation of US-China trade/sanctions dispute — if sanctions expand beyond energy to include critical technology sectors, it could trigger a global supply chain shock and a flight from risk assets, including crypto.