Despite escalating geopolitical tensions following the unexpected U.S. attack on Venezuela last weekend, the U.S. stock market still surged strongly. Most sectors advanced, with energy and oil stocks standing out. Contrary to expectations, the USD erased its gains for the day, losing its safe-haven status, even as President Trump continued making tough statements regarding Colombia, Cuba, and Mexico. The downward pressure on the USD came from positive market sentiment due to the strong stock rally, along with significantly weakening manufacturing PMI data.

Looking ahead, today's market lacks significant information. Although U.S. stocks have rebounded strongly, prices are now approaching a key structural zone. If tensions do not continue to escalate, the market may gradually stabilize. In that case, the USD could recover, putting downward pressure on stocks and G7 currencies.

For BTC, today is not suitable for chasing gains. Although the price has risen for five consecutive sessions, remains above the daily SMA20, and is within an accumulation structure—indicating the uptrend remains intact—price reactions near the resistance at $94,800, combined with short-term adjustment risks in U.S. stocks, make BTC prone to a correction.

A trend-following strategy should patiently wait for a pullback to the $90,300–$90,400 zone (retest of the neckline in the ascending triangle pattern). Place stop-loss at $88,880, with extension targets at $95,600 – $97,000 – $100,600.

A short-term selling strategy currently lacks clear signals; the key level to watch is $93,375 – if broken, BTC could reverse lower in the short term.